European Markets Wrap-Up: UK October flash services PMI 51.1 vs 51.0 expected

Friday, 24 Oct, 2025 News UK October flash services PMI 51.1 vs 51.0 expected Prior 50.8 Manufacturing PMI 49.6 vs 46.6 expected Prior 46.2 Composite PMI 51.1 vs 50.6 expected Prior 50.1 Key Findings : Faster rate of UK private sector output growth recorded in October, while co News Eurozone October flash services PMI 52.6 vs 51.1 expected Prior 51.3 Manufacturing PMI 50.0 vs 49.8 expected Prior 49.8 Composite PMI 52.2 vs 51.0 expected Prior 51.2 The beat here comes as the German economy outperforms to start Q4, with the services sector Learn more News Germany October flash manufacturing PMI 49.6 vs 49.5 expected Prior 49.5 Services PMI 54.5 vs 51.0 expected Prior 51.5 Composite PMI 53.8 vs 51.5 expected Prior 52.0 Key Findings : Fastest output growth in over two years as new orders and backlogs rise Comment : Education Can Cryptocurrencies Serve as a Hedge Against Forex Market Volatility? Cryptocurrencies have further attracted interest as a volatility hedge alternative to traditional forex markets. Analysts and investors alike find it interesting to understand the connection between d News France October flash services PMI 47.1 vs 48.7 expected Prior 48.5 Manufacturing PMI 48.3 vs 48.2 expected Prior 48.2 Composite PMI 46.8 vs 48.4 expected Prior 48.1 The headline and composite readings are fresh eight-month lows, underscoring the negative s Stocks European stocks open higher to kick start final day of the week Eurostoxx +0.2% Germany DAX +0.1% France CAC 40 +0.2% UK FTSE +0.1% Spain IBEX +0.2% Italy FTSE MIB +0.3% This comes after the gains in Wall Street yesterday as well with US futures keeping higher tod News France October consumer confidence 90 vs 87 expected Prior 87; revised to 88 French household confidence picked up in October, with this being the highest reading since April. There were improvements in sentiment all around but perhaps more importantly News Gold drops back as buying momentum remains sapped The precious metal is back down by 1% today but it's still keeping within the price range we've seen in the last three days. That after the break lower on Tuesday where sellers managed to establish a Learn more News What are the main events for today? In the European session, we get the flash PMIs for the Eurozone and the UK. Barring big deviations, the data shouldn't change anything for the respective central banks at the moment. The ECB is comfor

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