020 7898 0500The euro did weakened against the pound yesterday on what proved to be an encouraging start to the year for sterling, but then the single currency climbed to its highest mark against the dollar for four months. 2017 was the best year for the euro against the greenback since 2003.
Meanwhile, figures released showed that eurozone manufacturing PMI ended last year at a record high, with all-time highs seen in Austria, Germany and Ireland. Across the eurozone as a whole, manufacturing PMI came in as expected at 60.6 in December. Given that any figure above 50 shows growth, this is an impressive figure.
Today we will see the unemployment change and unemployment rate for Germany in December. The rate is expected to remain unchanged at 5.6%.
