French HCOB Manufacturing PMI Flash (Feb) 49.9 vs. Exp. 51 (Prev. 51.2, Low. 51, High. 51.5)
The French HCOB Manufacturing PMI for February came in at 49.9, falling short of the expected 51 and down from the previous reading of 51.2.
German HCOB Composite PMI Flash (Feb) 53.1 vs. Exp. 52.3 (Prev. 52.1, Low. 51.8, High. 52.7)
BofA's weekly flow report notes USD 35.2bln into stocks, USD 26.4bln into bonds, USD 23.8bln into cash, USD 1.4bln out of gold, and USD 0.8bln out of crypto
French HCOB Manufacturing PMI Flash (Feb) 49.9 vs. Exp. 51 (Prev. 51.2, Low. 51, High. 51.5)
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General Motors (GM) files to recall approximately 43.7k vehicles, NHTSA reports
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This contraction in the manufacturing sector may signal weakening economic sentiment and could raise concerns about France's growth outlook, potentially influencing ECB policy considerations and impacting the euro.
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