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ECB's de Guindos: Barring any surprises, June rate cut is a 'fait accompli'

European Central Bank (ECB) Vice President Luis de Guindos said on Tuesday that “barring any surprises, the June rate cut is a 'fait accompli'.”

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But have to be very cautious about what comes afterwards.

What the Fed decides is not only crucial to the US, but also for the global economy.

German Preliminary Manufacturing PMI rises to 42.2 in April vs. 42.8 expected

Germany’s manufacturing sector witnessed some improvement in the contraction in April while the services sector outperformed, the preliminary business activity report published by the HCOB survey showed Tuesday.
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US S&P Global PMIs Preview: Economic expansion set to keep momentum in April

S&P Global will release the flash estimates of the United States (US) Purchasing Managers Indexes (PMIs) for April on Tuesday, a survey that measures business activity throughout the month.
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