French HCOB Construction PMI (Apr) 38.1 (Prev. 38.4)

The slight decline in the French HCOB Construction PMI to 38.1 from 38.4 suggests continued contraction in the construction sector, although the change is marginal.

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[PREVIEW] Norges Bank Policy Decision on Thursday, 7th May.

"Pakistani source to Al Arabiya says Iran may hand over its response to the US proposal to the Pakistani mediator today", Al Arabiya

French HCOB Construction PMI (Apr) 38.1 (Prev. 38.4)

Pakistani Foreign Ministry says "We expect an urgent agreement between Iran and the United States", Al Araby reports

[MARKET UPDATE] Crude continues falling alongside the DXY, whilst equity and fixed income futures rise further following reports that US and Iran are said to be closer to reaching an understanding on the Strait of Hormuz

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This may indicate persistent weakness in economic activity, potentially impacting the broader outlook for growth and influencing upcoming policy considerations in the Eurozone.

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