Italy April services PMI 52.6 vs 53.0 expected
Latest data released by Markit/ADACI - 4 May 2018
- Prior 52.6
- Composite PMI 52.9 vs 53.7 expected
- Prior 53.5
Ouch, the composite PMI reading continues to fall and is the lowest since January 2017.
The market will be focused on the US jobs report at the moment, but when the dust settles, we'll see the market saying these kind of readings heading into Q2 isn't really going scream "rebound".