RE: Target Price after Results24 Jan 2023 10:28
PMIs track business activity in the services and manufacturing sectors, and Tuesday’s figures showed the euro zone returning to modest growth in December, boosting hopes that the 20-member currency bloc may avoid recession.
The S&P Global euro zone composite PMI, which encompasses manufacturing and services activity, came in at 50.2 in January, up from 49.3 in December and ahead of a consensus forecast of 49.8.
MAY AVOID RECESSION....very important!
DYOR.