The French manufacturing PMI was a meager 48.8 although it did beat the forecast of 47.1 and last month`s 46.9
Germany did show a slight expansion half an hour later at 50.3. It missed estimates of 51.3 and last month`s 51.4.
In line with what ECB President Draghi mentioned earlier, the Eurozone is facing a slowdown and he certainly has a challenging time ahead.
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