France Services Purchasing Managers Index For September 44.4 Vs. 43.9 Est.; 46 Prior
Portfolio Pulse from Benzinga Newsdesk
The France Services Purchasing Managers Index (PMI) for September was reported at 44.4, slightly above the estimated 43.9 but lower than the previous month's 46.
October 04, 2023 | 7:50 am
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NEGATIVE IMPACT
The France Services PMI, which is lower than the previous month, could potentially impact the performance of the iShares MSCI France ETF (EWQ).
The France Services PMI is an economic indicator that can influence the performance of French stocks. As the PMI is lower than the previous month, it indicates a slowdown in the services sector, which could negatively impact the performance of the iShares MSCI France ETF (EWQ).
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100