PMI

HSBC Flash India Composite PMI rose to 58.3 in April from 57.0 in March, indicating sharp private sector output growth acceleration. Manufacturing led the resurgence with output index jumping to 59.1

Eurozone composite PMI fell to 48.6 in April, its lowest in 17 months, indicating a 0.1% quarterly GDP contraction. GBP/USD slipped 0.13% to 1.3491, while EUR/USD fell 0.12% to 1.1692, reflecting weak