This happened JUST TODAY:#Germany's consumer confidence collapsed way beyond anything seen during the GFC.
The Eurozone Services #PMI dropped to an unprecedented 11.7.
US initial jobless claims rose another 4.43 million, totaling more than 26 million in 5 weeks. pic.twitter.com/0qjVbkyhAD
— jeroen blokland (@jsblokland) April 23, 2020
ICYMI overnight
IHS Markit Eurozone PMI and GDPFlash Eurozone PMI Composite Output Index 13.5 vs 29.7
Flash Eurozone Services PMI Activity Index 11.7 v 26
Flash Eurozone Manufacturing PMI Output Index 18.4 v 38.5 pic.twitter.com/lhDbMo3zQV
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) April 23, 2020
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