After Dismal European PMIs, US Services Sector Slumps, Manufacturing Jumps Ahead Of Tariff Deadlines
European flash April PMIs were ugly this morning with the Euro-area-wide headline composite measure -0.8 to 50.1, and with weakness concentrated in French and German services activity. Euro Area Composite PMI (Apr, Flash): 50.1, consensus 50.2, last 50.9 …