Dagelijkse update over de markten vanuit KBL European Private Bankers (Engels)

InsingerGilissen, 04 OKT 2019

In the past few days it has become clear that the services sector is not immune to what happens in the manufacturing sector. The worse-than-expected US ISM services figure confirmed that much, but European services PMI data also came in weaker than expected. The second shoe to drop is the consumer, especially the US consumer. At least that is where all the attention is turning to. And it explains the tension building in the markets ahead of this afternoon’s non-farm payrolls figure.

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