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SPAIN DATA: Highest Manufacturing PMI Since Feb '22

SPAIN DATA

The Spanish October manufacturing PMI reached its highest since February 2022 at 54.5, above the 53.2 consensus (and 53.0 prior). The print supports the theme of Spanish economic outperformance that has been prevalent through this year. The stronger-than-expected print has helped Bund futures extend intraday lows.

Key notes from the release:

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The Spanish October manufacturing PMI reached its highest since February 2022 at 54.5, above the 53.2 consensus (and 53.0 prior). The print supports the theme of Spanish economic outperformance that has been prevalent through this year. The stronger-than-expected print has helped Bund futures extend intraday lows.

Key notes from the release:

Keep reading...Show less