UK and Euro Area PMI cast a shadow as recession talk returns. Todays data also adds an interesting dynamic to the ECB policy moving forward as price pressures appear to be rearing their ugly head once more. Was this enough for the ECB to pause in September?

Source https://www.dailyfx.com/analysis/us-jobs-data-showing-signs-of-cooling-as-market-participants-price-in-a-less-hawkish-fed-risk-assets-rise-20230901.html



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