Italy's manufacturing sector just flashed a surprise signal—the HCOB PMI for November landed at 50.6, beating expectations of 50.2 and climbing from October's 49.9. Crossing above the 50 threshold means expansion territory, a shift that could ripple through European macro sentiment. Worth watching how this plays into broader risk appetite across crypto and traditional markets.
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Italy's manufacturing sector just flashed a surprise signal—the HCOB PMI for November landed at 50.6, beating expectations of 50.2 and climbing from October's 49.9. Crossing above the 50 threshold means expansion territory, a shift that could ripple through European macro sentiment. Worth watching how this plays into broader risk appetite across crypto and traditional markets.