Free Trial

More details on that Spanish services PMI.....>

SPAIN
SPAIN: More details on that Spanish services PMI. Prices increased, helping push
the print higher as well as: "Confidence strengthened for the fourth month
running from last September's five-year low, with new strategies and improving
economic conditions set to help support growth." "Rises in employment were
recorded across all monitored sectors, with the fastest jobs growth at Transport
& Storage companies"
- However there were also negatives which made this print not as positive as it
appears at first glance. "Although new business continued to expand in January,
the rate of expansion eased to a 25-month low." "New export orders decreased for
the sixth successive month, albeit marginally"

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.