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FX.co ★ European Economic News Preview: Eurozone Final PMI, Investor Confidence Due

European Economic News Preview: Eurozone Final PMI, Investor Confidence Due

Major economic news coming up on Monday includes the final composite Purchasing Managers' survey results, investor sentiment, and producer prices from the euro area.

Firstly, at 3.15 am ET, Spain's services PMI survey results are set to be released. The services PMI is projected by economists to decrease slightly to 56.0 in April from 56.1 in March.

Next, at 3.45 am ET, Italy is scheduled to disclose its composite PMI survey data. The index is predicted to see a small increase to 54.7 in April from 54.6 the previous month.

Followed by, France will announce its final composite PMI data at 3.50 am ET. The final composite reading is projected to remain at 49.9 in April, consistent with the preliminary estimate.

Shortly after, at 3.55 am ET, Germany will provide its final composite PMI survey data. The index is expected to stay in line with the preliminary reading of 50.5 in April.

Furthermore, at 4.00 am ET, Eurozone will reveal its final PMI survey results. The final reading is anticipated to rise to 51.4 in April from 50.3 in March.

After that, at 4.30 am ET, data from the Eurozone Sentix investor confidence survey will be made available. Economists are predicting that the investor sentiment index will improve to -4.8 in May from -5.9 in April.

Lastly, at 5.00 am ET, the Eurozone's producer price data is to be unveiled. Producer prices are projected to fall by 0.7 percent on the month in March, following a 1.0 percent drop in February.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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