• Eurozone Manufacturing PMI rose to 43.8 in November, beating estimates of 43.4.
• Bloc’s Services PMI improved to 48.2 in November vs. 48.1 expectations.
• EUR/USD keeps gains near 1.0920 after German, Eurozone PMI reports.

The Eurozone manufacturing sector slowed its pace of contraction alongside the services sector in November, the latest figures from the HCOB's latest purchasing managers index survey showed Thursday.

The Eurozone Manufacturing Purchasing Managers Index (PMI) climbed to 43.8 in November, compared with the expectations of 43.4 and above the 43.1 booked in October. The index hit a six-month top.

The bloc’s Services PMI rose to 48.2 0 in November from 47.8 in October, hitting a two-month high, outpacing the 48.1 consensus.

The HCOB Eurozone PMI Composite improved to 47.1 in November vs. 46.9 estimated and October’s 46.5 figure. The index jumped to a two-month high.

FX implications

EUR/USD is consolidating gains near 1.0920 after upbeat Eurozone PMIs. The spot is up 0.25% on the day, as of writing.