EUR: Downside Risk for Flash April PMIs - TDS

EUR: Downside Risk for Flash April PMIs - TDS

22 April 2016, 08:23
Roberto Jacobs
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EUR: Downside Risk for Flash April PMIs - TDS

Research Team at TDS, sees downside risk for flash April PMIs, with no change in both the French Services and German Manufacturing PMIs, against market consensus for upticks in both.

Key Quotes

“Flat readings in both would confirm an early-year trough in activity in the sectors, but would indicate continued heightened uncertainty at the start of the second quarter.”


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