URGENT ¥¥¥ Eurozone PMI at four-month low as downturn sharpens

Private business activity across the eurozone hit a four-month low in March as the downturn intensified, a leading growth indicator said on Thursday.

The Purchasing Managers' Index published by London-based Markit fell to 46.5 points in March against 47.9 in February, the flash estimate showed.