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Euro-zone composite PMI probably rose in April

The euro-zone composite PMI (09.00 BST) may have risen a little further in April, as the low euro and oil price support activity. The PMI has been on an upward trend, rising in each of the past four months and in March r…

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The euro-zone composite PMI (09.00 BST) may have risen a little further in April, as the low euro and oil price support activity. 

The PMI has been on an upward trend, rising in each of the past four months and in March reaching its highest level since last April. 

That said, there is a risk of a small setback after such consistent rises, while the ongoing Greek crisis may have also cast a shadow. 

"We see the euro-zone headline index rising from 54.0 to 54.3." notes Capital Economics 

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