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European Economics Preview: Eurozone PMI Data Due

European Economics Preview: Eurozone PMI Data Due

Flash results of Purchasing Managers' survey from major Eurozone economies are due on Monday.

At 2.45 am ET, the French statistical office Insee is scheduled to publish April business confidence survey results. The index is expected to remain unchanged at 96.

Markit Economics is set to publish Purchasing Managers' survey data at 3.00 am ET. The French manufacturing PMI is seen rising to 47.2 in April from 46.7 a month ago. Likewise, the services PMI is forecast to rise to 50.2 from 50.1 in March.

Half an hour later, German flash PMI figures are due. The manufacturing PMI is expected to rise to 48.9 from 48.4 and the services PMI to improve to 52.4 from 52.1.

At 4.00 am ET, Markit is expected to issue Eurozone flash PMI. The composite PMI is seen rising to 49.3 in April from 49.1 a month ago. In the meantime, Italy's consumer confidence for April is due.

Eurostat is slated to release Eurozone government debt-GDP data for 2011 at 5.00 am ET.

by RTT Staff Writer

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