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Steady post PMIs

EUR

The round of PMI from France, Germany, EU and the UK are all final readings.

  • Unlikely to move the needle.
  • French PMI services saw a small beat, while German services came lower, and EU PMI was a touch above expectations.
  • On the margin, more focus on Italian and EU CPI at 10.00GMT
  • On Italy, Matteo Renzi tweeted: "Now is the time for the builders. Now all people of good will must accept the appeal of President##Mattarella and support the government of Mario #Draghi . Now is the time for sobriety. Zero controversy, Long live Italy"

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