German Private Sector PMIs Flash Red; EUR/USD Dips on ECB Rate Cut Bets

Germany’s private sector lost steam in April, reigniting fears of Eurozone stagnation as fresh PMI data and IMF downgrades darken the 2025 outlook. The HCOB Composite PMI dropped from 51.3 in March to a four-month low of 49.7 in April, indi
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