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EMU: PMI Manufacturing slightly down to 46.7 in April

FXstreet.com (Barcelona) - Eurozone PMI Manufacturing fell to 46.7 points in April, from 46.8 points in March, according to data released today by Markit. Analysts expected the indicator to decrease further to 46.5 points.

Italy Mar Producer Price Index (YoY) decreases 0.1% and (MoM): 0%

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Forex: EUR/JPY quiet at 128.00 after Euro PMIs

As the corrective movement in late April found support above the 127.00 handle, the EUR/JPY has been drawing Doji candles around the 128.00 line in the last couple of days. Today is no different, and the cross is quoting at such area after reaching as low as 127.77 ahead of the European opening. Markit manufacturing PMI data in Euro area countries are surprising investors positively, pointing to higher figures than the ones revealed in the flash report, but still contractionary.
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