• The eurozone manufacturing PMI fell to 45.6 in August, missing estimates of 45.8.
• The Bloc services PMI rose to 53.3 in August, compared with 51.9 expected.
• The EUR/USD pair remains in negative territory below 1.1150 after PMI data for Germany and the euro zone.

This Eurozone Manufacturing continued to contract in August, while the services sector rebounded, according to data from HCOB’s latest Purchasing Managers Index (PMI) survey, released on Thursday.

The Purchasing Managers Index (PMI) for the eurozone manufacturing sector fell from 45.8 in July to 45.6 in August, below the market forecast of 45.8. The index reached its lowest level in eight months.

The bloc’s services PMI rose to 53.3 in August from 51.9 in July. The data beat market expectations of 51.9 and hit a four-month high.

HCOB Eurozone PMI The Composite Index unexpectedly rose to 51.2 in August, compared with 50.1 expected, and in July it stood at 50.2, marking a three-month high.

EUR/USD reaction to eurozone PMI data

EUR/USD limits losses on mixed Eurozone PMIs. The pair is down 0.06% on the day and is trading near 1.1145 at the time of publication.