US Manufacturing and Services PMIs Show Expansion in October, UK and Eurozone GDP Data to be Released Next Week.

US PMIs for October exceeded expectations, with the S&P Global Manufacturing and Services PMIs at 52.5 and 54.8, respectively. Private sector employers added 42,000 jobs in October, according to ADP, beating expectations. Meanwhile, UK and eurozone PMIs showed expansion, with the final October HCOB Manufacturing and Services PMIs at 50.0 and 53.0, respectively. China's October PMIs were also higher than expected, with the RatingDog Manufacturing and Services PMIs at 50.6 and 52.6, respectively.