BREAKING: Final PMI from eurozone and Germany slightly higher than expected

Final April PMI from eurozone

Germany. 42,5 Previously: 42.2
Eurozone. 45,7 Previously: 45.6
France 45.3 Previously: 44,9
Italy. 47.3 Previously: 50.4
Spain: 52.2 Previously: 51.4
Poland: 45.9 Previously: 48
Hungary: 51.8 Previously: 52.2
Switzerland. 41.4 Previously: 45.5
Norway: 52.4 vs 50.8

At the same time, OECD commented that US-Europe economic divergence is to persist in the near term. OECD sees Federal Reserve cutting rates from Q3 to 3.75-4% by the end of 2025 and ECB seen cutting from Q3 to 2.5% by end 2025.

EURUSD (M5)

EURUSD see very calm reaction to final PMI readings from eurozone. The biggest suprise was very problematic PMI from Switzerland, where possible more cyclical manufacturing see some negative effects of globally higher rates and lower orders. Germany and eurozone final PMI reading came in slightly higher, but the difference to previous data is very small.

Source: xStation5

14 April 2026, 1:30 PM

BREAKING: US PPI comes in weaker than expected. EURUSD gains ground

14 April 2026, 12:07 PM

🚩 US NFIB report much weaker than expected

14 April 2026, 7:43 AM

Economic calendar: US PPI report and central bankers speeches in focus

13 April 2026, 8:44 AM

Economic Calendar: A Week Overshadowed by Geopolitics and the Q1 Earnings Season

Economic reports

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