Christopher Nye
on November 3rd, 2020 Eurozone manufacturing PMI was revised slightly higher yesterday, showing that the sector experienced its steepest month of expansion since 2018. This will be followed by services and composite figures tomorrow.
ECB official, Yves Mersch, delivered a speech yesterday, saying that any further measures introduced by the ECB must be temporary and targeted. He said that these crisis measures have been introduced due to the pandemic and would be reconsidered as the crisis changes or subsides.
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