German HCOB Composite PMI Final (Feb) 53.2 vs. Exp. 53.1 (Prev. 53.1, Rev. From 52.1, Low. 53.1, High. 53.1)
The German HCOB Composite PMI for February came in at 53.2, slightly above expectations of 53.1, reflecting a positive trajectory as it also revised higher from a previous reading of 52.1.
EU HCOB Services PMI Final (Feb) 51.9 vs. Exp. 51.8 (Prev. 51.8, Rev. From 51.6, Low. 51.8, High. 52.2)
Fitch affirms Indonesia with a BBB rating, cutting outlook to Negative from stable
German HCOB Composite PMI Final (Feb) 53.2 vs. Exp. 53.1 (Prev. 53.1, Rev. From 52.1, Low. 53.1, High. 53.1)
French HCOB Services PMI Final (Feb) 49.6 vs. Exp. 49.6 (Prev. 49.6, Rev. From 48.4, Low. 49.6, High. 49.7)
[ANALYSIS] Iran War enters Day 5; “Broad Wave” strikes on Tehran, Hormuz risks elevated, and Lebanon front intensifies
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This suggests strengthening economic conditions, which could bolster confidence for further monetary tightening by the ECB, positively impacting the EUR against other currencies.
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