French S&P Global Composite PMI Final (Mar) 48.8 vs. Exp. 48.3 (Prev. 49.9)

The French S&P Global Composite PMI for March came in at 48.8, slightly above expectations of 48.3, but it still indicates a contraction compared to the previous month’s reading of 49.9.

Newsquawk StaffPublished 7 Apr 2026, 08:10 UTCOn the live feed at 07:50 UTC — 13 more headlines followed before this page went public

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07:52

Brazil is to sell EUR-denominated bonds

07:51

UBS lowers end-June gold forecast to USD 5,200/oz, amid softer investor demand amid elevated volatility.

07:50

French S&P Global Composite PMI Final (Mar) 48.8 vs. Exp. 48.3 (Prev. 49.9)

07:46

ECB's Wunsch says he is open to an interest rate rise at the April meeting; a lasting crisis would warrant a series of rate rises

07:45

Italian S&P Global Composite PMI (Mar) 49.2 (Prev. 52.1)

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Context

This suggests underlying weakness in the French economy, which could enhance market concerns regarding growth prospects and influence the European Central Bank’s policy stance. The modest beat relative to expectations may not offset the negative trend, keeping a watchful eye on future prints for clearer signals.

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