The latest disappointing purchasing managers index (PMI) manufacturing figures out of the eurozone were "surprisingly weak", according to T. Rowe Price.
The latest disappointing purchasing managers index (PMI) manufacturing figures out of the eurozone were "surprisingly weak", according to T. Rowe Price. Ken Orchard, manager of the T. Rowe Price Diversified Income Bond fund, said the issues were likely a combination of "idiosyncratic regional issues", such as Brexit alongside more general concerns around global growth. Manufacturing PMI stood at 47.8 in April, according to Trading Economics, which - though up on March's figure of 47.5, was still the second-lowest reading since April 2013 and business confidence fell to its weakest sin...
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