EMU DATA: April sa industry new orders +0.7% m/m, +8.6% y/y: Eurostat
— EMU April industry orders m/m below all fcasts (median +1.0%)
— EMU March industry orders rev up -1.5% m/m (-1.8%)
— EMU April orders ex-ships/rail/aerospace -0.6% m/m, +7.3% y/y
— EMU April industry orders -0.1% vs 1q avg; 1q +3.4% q/q
— EMU April orders 3mm avg (February-April:January-March) -0.1% after
March unch
— For more information, please see MNI Mainwire