Headlines:Euro slumps to near two-year low as PMI data disappointsEURUSD Technical Analysis – The Euro falls to the lowest level since 2022Poor French and German PMI data keeps ECB 50 bps rate cut in playStocks stumble in European morning tradeGold weathers the storm and looks to make it five for five in trading this weekEurozone November flash services PMI 49.2 vs 51.6 expectedGermany November flash manufacturing PMI 43.2 vs 43.0 expectedFrance November flash services PMI 45.7 vs 49.0 expectedUK November flash services PMI 50.0 vs 52.0 expectedUK October retail sales -0.7% vs -0.3% m/m expectedGermany Q3 final GDP +0.1% vs +0.2% q/q prelimMarkets:JPY leads, EUR and GBP lag on the dayEuropea
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