In July, China's S&P Global Services PMI recorded 52.6, significantly up from the previous value of 50.6, indicating that the services sector accelerated expansion in early the second half of the year, mainly supported by improved demand and strengthening external demand. The Eurozone services sector, on the other hand, displayed volatility: the final composite PMI for October was revised up to 50.0, with the final services PMI reaching 51.6, reflecting a short-term rebound; however, the final services PMI for November dropped to 49.5, and the final composite PMI was 48.3, both below expectations and returning to contraction territory, indicating weakened recovery momentum. In terms of producer prices, the Eurozone PPI ended its decline in June, recording a positive growth of 0.7%, and then further climbed to 1.6% in November, exceeding expectations, showing persistent inflation pressure. Overall, China's services sector shows enhanced expansion momentum, while economic activity in the Eurozone is fluctuating and inflation is rising, which may constrain policy adjustments. #币安HODLer空投PROVE #币安HODLer空投TOWNS #Solana期货交易量创新高