Euro-zone composite PMI might have fallen again in May

After having fallen for the first time in five months in April, there are reasons to think that euro-zone composite PMI (09.00 BST) might have fallen again in May. 

Oil prices have rebounded and concerns about Greece's future in the euro-zone have grown. What's more, the timelier Sentix Investor Sentiment Index edged lower from 20.0 to 19.7 in May. 

"We think that euro-zone composite PMI probably fell slightly in May, perhaps to around 53.5." - notes Capital economics