BRUSSELS (Alliance News) - At 4:00 am ET Tuesday, Markit Economics will release the preliminary results of its September private sector activity survey for the eurozone. The flash composite PMI is expected to remain at 52.5 in September. The manufacturing PMI is estimated to remain unchanged at 50.7 in September and the services PMI is forecast to fall to 53 from 53.1 in August. The composite purchasing managers' index, which assesses activity levels at both the manufacturing and non-manufacturing sector, is expected to remain unchanged at 52.5.
Ahead of the data, the Euro showed mixed trading against its major rivals. While the euro rose against the US dollar, the pound and the Swiss franc, it fell against the yen.
As of 3:55 am ET, the Euro was trading at 0.7872 against the Pound, 1.2080 against the Swiss franc, 1.2858 against the US dollar and 139.45 against the Yen.
