Eurozone Preliminary Manufacturing PMI steadies at 49.4 in June vs. 49.8 expected

• Eurozone Manufacturing PMI stayed at 49.4 in June, missing 49.8 forecast.
• Bloc’s Services PMI increased to 50 in June vs. 50 expected.
• EUR/USD holds losses at around 1.1500 after German, Eurozone PMI data.           

The Eurozone manufacturing sector remained in contraction, while the services sector prodded the expansion territory in June, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Monday.

The Eurozone Manufacturing Purchasing Managers Index (PMI) remained unchanged at 49.4 in June, missing the market expectations of 49.8.