Eurozone’s March PPI -1.6% m/m (expected -1.7%; last -0.4%); 5.9% yr/yr, as expected (last 13.3%). Final April Services PMI 56.2 (expected 56.6; last 55.0)
Germany’s March trade surplus EUR16.70 bln (expected surplus of EUR16.10 bln; last surplus of EUR16.10 bln). March Imports -6.4% m/m (expected -1.7%; last 4.4%) and Exports -5.2% m/m (expected -2.4%; last 4.0%). Final April Services PMI 56.0 (expected 55.7; last 53.7)
France’s April Services PMI 54.6 (expected 56.3; last 53.9)
Italy’s April Services PMI 57.6 (expected 56.5; last 55.7)
Spain’s April Services PMI 57.9 (expected 59.9; last 59.4) and April Unemployment Change -73,900 (expected -23,100; last -48,800)