Rate Expectations Pared Back as PMIs Point to Recession

<p>European stocks have given back the bulk of their gains this morning as flash PMI data points to a possible recession over the remainder of the year. The UK readings were particularly stark, with both the services and manufacturing PMIs falling well short of forecasts and the former deep into contraction territory. What’s more, the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/515625-rate-expectations-pared-back-as-pmis-point-to-recession/">Rate Expectations Pared Back as PMIs Point to Recession</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>