News Headline Summary

German Manufacturing PMI (Jan A) M/M 48.8 vs. Exp. 46.8 (Prev. 46.0)

- German PMI Services (Jan A) M/M 55.3 vs. Exp. 52.0 (Prev. 52.0)

- German PMI Composite (Jan A) M/M 53.6 (Prev. 50.3)

Reaction details:

- In immediate reaction EUR/USD moved up 24 pips from 1.3300 to 1.3324, the Bund moved lower by 8 ticks from 143.91 to 143.83 and the DAX moved 13 points lower from 7690.50 to 7677.50.

Print 08:29, 24 Jan 2013 - EU Data - Source: Newswires