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May 02, 2019 07:58 GMT
MNI: EUROZONE DATA: Final Manufacturing PMIs (Apr....>
MNI, NEWS
MNI: EUROZONE DATA: Final Manufacturing PMIs (Apr 2019) Preview - 09:00 BST
-------------------------------------------------------------------------------
- Bbg Consensus: 47.8; MNI Median: 47.8; Prelim (Apr): 47.8; Prev (Mar): 47.5
- German (44.4) and French (50.0) final PMIs revised from preliminary readings
of 44.5 & 49.6 respectively
- Along with better-than-expected readings in Spain (51.8 - up from 50.9 in Mar)
& Italy (49.1 - up from 47.7 in Mar)...
- ... the final EZ manufacturing PMI should see an upward revision, but still
indicate ongoing contraction
- The 0.4% q/q EZ GDP expansion in Q1 suggests that surveys may be overstating
the weakness of the economy
- Nevertheless, manufacturing activity remains muted as global trade volumes
continue to be weighed by concerns over a number of global risk factors...
- ... including US trade protectionism, ongoing worries over China's growth &
persistent Brexit uncertainty
To read the full story
Close
Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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