Eurozone: Upward momentum in PMIs to continue - TDS

The Eurozone has seen substantial upward momentum in its PMIs over the last year, and analysts at TDS look for that trend to continue with the flash April prints today.

Key Quotes

“We look for the German manufacturing PMI to rise to 58.7 (mkt 58.0), and the French services PMI to 57.7 (mkt 57.0), leaving both measures reaching fresh cyclical highs.”