PMI Readings Register Record Lows Amid Lockdown, Focus On EU Leaders Call On Recovery Plan

<p>Notes/Observations EU’s moment of truth as Leaders hold call on recovery fund Major European PMI data registers record lows across the Board as coronavirus lockdown hampers economic activity Asia: South Korea Q1 Preliminary GDP registered its largest contraction since 2008 (Q/Q: -1.4% v -1.0%e; Y/Y: 1.3% v 1.0%e) – Australia Apr Preliminary PMI Manufacturing: 45.6 […]</p>
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