Eurozone Preliminary Manufacturing PMI beats estimates with 63.3 in April

• Eurozone Manufacturing PMI arrives at 63.3 in Apr vs. 62.0 expected.
• Bloc’s Services PMI expands to 50.3 in Apr vs. 49.1 expected.

The Eurozone manufacturing sector activity improved much beyond expectations in the reported month, the latest manufacturing activity survey from IHS/Markit research showed on Friday.

The Eurozone Manufacturing purchasing managers index (PMI) improved from 62.5 in March to 63.3 in April and beat 62.0 expectations by a big margin. 

more to come ...