Tag Archives: Eurozone New Business Sinks At Fastest Rate In 3 Years; Germany Composite PMI At 37- Month Low; Ass-Backwards Eurozone Policies

Mish/ Mike Shedlock – Eurozone New Business Sinks At Fastest Rate In 3 Years; Germany Composite PMI At 37- Month Low; Ass-Backwards Eurozone Policies – 4 August 2012

With everyone watching and analyzing US jobs data on Friday, there were a number of other news reports showing steeper contractions in much of the world. Let’s start off with a look at the rapidly deteriorating eurozone.

Markit Eurozone Composite PMI® – Final Data

Markit reports Eurozone downturn continues at start of Q3 2012 Continue reading

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