Eurozone: Expect a minor slowdown in the PMIs – Danske Bank

The research team at Danske Bank suggests that in the euro area, focus will be on the PMI figures and whether they can continue upwards, in contrast to the weakness in manufacturing PMIs observed in the US and China in recent months.

Key Quotes

“We expect a minor slowdown in the euro area PMIs, but note that the figures should remain at a high level and still show continued expansion.”

“In the UK, focus will be on the nature and impact of the terrorist attack in Manchester. The UK government has announced that election campaigning is suspended today.”