European Markets Wrap-Up: UK November flash services PMI 50.5 vs 52.0 expected

Friday, 21 Nov, 2025 News UK November flash services PMI 50.5 vs 52.0 expected Prior 52.3 Manufacturing PMI 50.2 vs 49.2 expected Prior 49.7 Composite PMI 50.5 vs 51.8 expected Prior 52.2 Key Findings : UK private sector growth eases in November, while output price inflation sof News Eurozone November flash services PMI 53.1 vs 52.8 expected Prior 53.0 Manufacturing PMI 49.7 vs 50.2 expected Prior 50.0 Composite PMI 52.4 vs 52.5 expected Prior 52.5 Full report here Key Findings : November sees further solid expansion of eurozone business Learn more News Germany November flash manufacturing PMI 48.4 vs 49.5 expected Prior 49.6 Services PMI 52.7 vs 54.0 expected Prior 54.6 Composite PMI 52.1 vs 53.5 expected Prior 53.9 Full report here Key Findings : Business activity growth softens in November Comment : Commentin Central Banks ECB's Lagarde: Will continue adjust policy as needed to ensure inflation remains at target ECB rate cuts are increasingly supporting financing conditions Fiscal packages will have a measurable growth effect She's not deviating from her recent comments as the ECB remains in neutral stance wa News France November flash services PMI 50.8 vs 48.4 expected Prior 48. Manufacturing PMI 47.8 vs 49.0 expected Prior 48.8 Composite PMI 49.9 vs 48.1 expected Prior 47.7 Full report here Key Findings : Fresh expansion in services activity helps French economy st Technical Analysis Nasdaq Market Update from orderFlow Intel at investingLive.com investingLive.com Stock Market Update Now Nasdaq Futures Struggle After Yesterday's Reversal. Caution Still Warranted Nasdaq futures remain under pressure this morning after a dramatic session yesterd News France November business confidence 98 vs 100 expected Prior 101 Services sector confidence 98 vs 95 prior A little miss here but it's not a market-moving report and it certainly won't change anything for the ECB. News Japan Finance Minister: Will pursue a responsible fiscal policy, not just a proactive one Can't comments on expected size of additional bond issuance to fund the latest package Believe markets have stabilised after various announcements Various factors contribute to market developments Don Learn more News UK October retail sales -1.1% vs +0.0% m/m expected Prior +0.5%; revised to +0.7% Retail sales +0.2% vs +1.5% y/y expected Prior +1.5%; revised to +1.0% Retail sales ex autos, fuel -1.0% vs -0.3% m/m expected Prior +0.6%; revised to +0.7% Retail sales

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