German S&P Global Composite PMI Final (Apr) 48.4 vs. Exp. 48.3 (Prev. 51.9)
The final reading for Germany's Composite PMI in April came in at 48.4, slightly above the expected 48.3 but significantly lower than the previous month's 51.9.
Italian Retail Sales MoM (Mar) M/M 0.8% vs. Exp. -0.4% (Prev. 0%)
"Iraqi Prime Minister-designate Ali al-Zaidi held a telephone conversation with US Secretary of War Hegseth about bilateral relations in various fields", Tasnim reports
German S&P Global Composite PMI Final (Apr) 48.4 vs. Exp. 48.3 (Prev. 51.9)
French S&P Global Composite PMI Final (Apr) 47.6 vs. Exp. 47.6 (Prev. 48.8)
French S&P Global Services PMI Final (Apr) 46.5 vs. Exp. 46.5 (Prev. 48.8)
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This suggests a contraction in economic activity, confirming a downward trend that could weigh on sentiment and raise concerns about growth prospects in the Eurozone, potentially impacting ECB policy considerations.
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