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2024/05/17 / Erste Group Research

Sentiment data for may in focus

Next week (May 23), a first flash estimate of Eurozone PMI data will be published for May. We expect sentiment among service providers to stabilize in May following the recent sharp rise. Sentiment in the manufacturing sector should brighten slightly.

This week, the US government imposed new tariffs on imports from China and increased existing ones. These measures can be seen as the next step in a trade conflict that could escalate further before and after the US elections in early November. President Biden's opponent Donald Trump is leading the election campaign with calls for more protectionist measures.


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General information

AuthorErste Group Research
Date2024/05/17
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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