The strong US dollar (weak euro) is doing it for the single currency area. Although down slightly to a preliminary estimate of 54.3 in January (from 54.4 in December), the Markit flash Eurozone composite output index is the second highest reading since December 2015 "and one of the highest readings seen over the past five-and-a-half years". https://www.financialstandard.com.au/feed/latest?story=91647867 en-AU Copyright 2026 Financial Standard 5