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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.”