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.
“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.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.