PMI manufacturing in the euro zone advanced reading surged in October to 50.7, above the September's reading of 49.3 and market expectations of 50.0. PMI services jumped as well to 52.3, higher than estimates of 51.3 and the prior 50.9. Consequently, PMI composite improved to 53.0, exceeding the previous 51.1 and the forecasted 51.6.