The ISM (Institute for Supply Management) Manufacturing PMI registered 48.7% in April, indicating contraction at a faster rate when compared to the March reading of 49%.

India's manufacturing sector growth accelerated in April to its strongest pace in 10 months, powered by robust export demand and increased output despite companies raising selling prices at the fastest rate in over 11 years,

The headline HCOB Germany Manufacturing PMI registered 48.4 in April, up slightly from March's48.3. “With the headline PMI moving closer to the neutral 50 mark, one might think that German industry is gradually emerging from a downturn that has lasted almost three years.