Eurozone: Downside surprise coming from PMI data? – Rabobank

Research team at Rabobank points out that today its release of final Markit PMI surveys starting in Europe, but the big question is that whether we will get a downside surprise, or does this point to stabilisation at a low level for the rest of Q1?

Key Quotes

“France is seen 51.0 for manufacturing and 48.5 for les services, making 48.9 overall, up from 48.2 in January; Germany is seem at 49.8 for manufacturing and 52.9 for der Dienstleistungssektor, making 52.0 overall vs. 52.1; and for Europe as a whole 50.3 for manufacturing, 51.3 for the parts you aren’t sure how much of a tip to leave for, and 51.1 overall vs. 51.0 last month.”