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MNI: EUROZONE DATA: Flash PMIs (Apr 2019) Preview....>

MNI, NEWS
MNI: EUROZONE DATA: Flash PMIs (Apr 2019) Preview - 09:00 BST
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- EZ Composite PMI - Bbg Consensus: 51.8; MNI Median: 51.8; vs Mar 51.6
- EZ Manufacturing PMI - Bbg Consensus: 48.0; MNI Median: 47.8; vs Mar 47.5
- EZ Services PMI - Bbg Consensus: 53.1; MNI Median: 53.3; vs Mar 53.3
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- Markets looking for Manuf PMIs to move slightly higher in Apr...
- ... as recent data suggests EZ industrial recession may be bottoming out
- In contrast, the EZ Services PMI could lose some steam, albeit remaining
comfortably in expansion territory
- Germany's Manuf PMI (weakest of the big 4) fell to 80-month low of 44.1 in Mar
- Italy (47.4) & France (49.7) also recorded sub-50 manufacturing PMIs in Mar...
- ... while Spain's index returned to growth territory (50.9)
- Germany's Services PMI rose to 55.4 in Mar, its highest level since Sep 2018
- Spain (56.8) and Italy (53.1) Services PMIs also registered above 50...
- ... while France's services sector activity contracted in Mar (49.1)

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