In its monthly survey, financial information company Markit said its purchasing managers' index for the eurozone— a closely watched gauge of business activity— fell to a nine-month low of 52.3 in September from the previous month's 52.5. Germany, according to Markit, appears to have recovered at least some of the ground it lost in the spring and early summer.» Read More
Strong economic reports from several countries have this strategist thinking of a currency trade.
The euro may be grabbing headlines, but this strategist says the real action is in emerging market currencies.
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Discussing whether the Fed will implement a third round of quantitative easing and why it would be more damaging than helpful, with Mohamed El-Erian, PIMCO CEO, and CNBC's Steve Liesman.