Major European PMI survey suggests the region's economy is stabilizing
-Mixed European flash PMI data for France, Germany, Euro Zone and UK, but indicated any recession in Europe would likely be limited or even avoided. N
Source: fxstreet.com
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Weak PMI readings for Europe add to recession concerns
- Central banks continued to hike to address inflation (Philippines, Norway in session). Moves recirculate recession concerns and raise second thought
Source: fxstreet.com
Thrace Plastics: First quarter sales at 106.3 million euros
Earnings before Taxes, Interest and Depreciation (EBITDA) for the first quarter of 2022 amount to 15.5 million euros
Source: in.gr
Corporate earnings in focus
- Risk appetite trying to find its groove as more promises from the China’s PBOC of monetary support for economy - Companies due to report during the
Source: fxstreet.com
Risk sentiment recovers
- Risk appetite finding some support. - EU confidence data showed that the most recent surge in virus cases was hitting sentiment in the region. Asia
Source: fxstreet.com