French PMI services pretty much in......>

FRANCE DATA: French PMI services pretty much in line with consensus but

manufacturing a little better. There's not a huge amount to take from the report

other than an increase in international demand helping manufacturing. On the

whole a decent report, not much to be disappointed with in there. Key excerpts

from the press release below:

- "Stronger international demand helped support new order growth in the middle

of the fourth quarter, as new business from abroad grew for the second month in

a row. Though moderate overall, the rate of increase was the quickest since

June, driven"

- "Volumes of outstanding business rose at the fastest pace for just over a

year. The acceleration was primarily driven by manufacturing firms, where

backlogs rose at the sharpest rate since February 2018."