French S&P Global Composite PMI Final (Apr) 47.6 vs. Exp. 47.6 (Prev. 48.8)

The final reading of the French S&P Global Composite PMI for April came in as expected at 47.6, but it's a notable decline from 48.8 in the previous month.

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German S&P Global Composite PMI Final (Apr) 48.4 vs. Exp. 48.3 (Prev. 51.9)

[MARKET UPDATE] Energy benchmarks continue to retreat, Brent below USD 107/bbl, following a handful of geopolitical updates. Adding to the gains in fixed benchmarks and equity futures.

French S&P Global Composite PMI Final (Apr) 47.6 vs. Exp. 47.6 (Prev. 48.8)

Iranian and Saudi Arabian Foreign Ministers held a phone call; stressed continuing diplomacy and prevent escalation of tensions

Italian S&P Global Composite PMI (Apr) 50.5 (Prev. 49.2)

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This potentially signals continued contraction in economic activity, which may impact sentiment around future monetary policy and growth expectations in the eurozone.

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