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Yet more disappointing European macro data

WORSE: Eurozone PMI Manufacturing (May, prelim) 45.0 vs 46.0 est (prev 45.9) WORSE: Eurozone PMI Services (May Prelim) 46.5 vs 46.7 est (prev 46.9) Understandable after poor French and German Data   WORSE: German IFO; Business Climate (May) 106.9 v 109.4 est (prev 109.9); WORSE :German IFO; Currrent Assessment (May) 113 v 117.1 est (prev…

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UK 100 Focus – 24 May

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German PMI data also disappoints

WORSE: German PMI Manufacturing (May, Prelim): 45.0 vs 47.0 est (prev 46.2); Better: German PMI Services (May, Prelim): 52.2 vs 52.0 est (prev 52.2) CFDs & Spread Betting with Accendo Markets

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French PMI data disappoints

WORSE: French PMI Manufacturing (May, Prelim): 44.4 vs 47.0 est (prev 46.9); Worse: French PMI Services (May, Prelim): 45.2 vs 45.7 est (prev 45.2) CFDs & Spread Betting with Accendo Markets

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Breakfast Buffet – 24 May

Morning Report Momentum Screening Upgrades/Downgrades Movers & Shakers Live Macro Calendar Top Trades Spread Betting with Accendo Markets

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US New Home Sales & House Prices – Better

US New Home Sales (Apr) 343K vs 335K est (March 332K, Revised up from 328K) 3.3% MoM vs 2.6% est (March -7.3%, Revised down from -7.1%) US House Price Index +1.8% MoM vs 0.3% est (Feb: 0.3%) +0.6% QoQ vs +0.1% est (Q4: -0.1%) CFDs & Spread Betting with Accendo Markets

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