Interesting Comments from IHS Markit.......>

EUROZONE: Interesting Comments from IHS Markit Chief Business Economist Chris

Williamson on EMU flash PMI:

- "The May PMI brought yet another set of disappointing survey results, though

once again a note of caution is required when interpreting the findings. While

prior months have seen various factors such as extreme weather, strikes, illness

and the timing of Easter dampen growth, May saw reports of business being

adversely affected by an unusually high number of public holidays. "Furthermore,

despite the headline PMI dropping to an 18-month low, the survey remains at a

level consistent with the eurozone economy growing at a reasonably solid rate of

just over 0.4% in the second quarter".