French HCOB Services PMI Flash (Feb) 49.6 vs. Exp. 49.2 (Prev. 48.4, Low. 48.2, High. 49.7)
The French HCOB Services PMI Flash for February at 49.6 beats expectations of 49.2 and shows a notable uptick from January's 48.4.
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 Services PMI Flash (Feb) 49.6 vs. Exp. 49.2 (Prev. 48.4, Low. 48.2, High. 49.7)
EUROPEAN OPEN: AAL LN slashes De Beers value again; AI FP profits rise; BN FP mixed results; TKA GY upgraded, ORA FP downgraded; ahead, Flash PMIs, US PCE inflation and US GDP
General Motors (GM) files to recall approximately 43.7k vehicles, NHTSA reports
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This improvement suggests a stabilizing services sector, which could influence ECB policy discussions, particularly regarding growth and inflationary pressures in the Eurozone.
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