German Preliminary Manufacturing PMI rises to 47.4 in December vs. 46.3 expected

• German Manufacturing PMI arrives at 47.4 in December vs. 46.3 expected.
• Services PMI in Germany jumps to 49.0 in December vs. 46.3 expected.
• EUR/USD remains unfazed at around 1.0635 on upbeat German PMIs.

The German manufacturing and services sectors’ activtiy downturn eased further in December as price pressures continue to cool down, the preliminary manufacturing activity report from S&P Global/BME research showed this Friday.

more to come ...