German HCOB Construction PMI (Mar) 48.0 (Prev. 43.7)
The increase in Germany's HCOB Construction PMI to 48.0 from the previous 43.7 indicates a stronger performance in the construction sector, moving closer to the neutral 50 level.
The head of the Iranian negotiating delegation has not yet been finalised, Tasnim reports citing sources
Iran's Parliamentary Speaker Ghalibaf and US VP Vance are expected at the Islamabad talks on Friday, Al Jazeera reports
German HCOB Construction PMI (Mar) 48.0 (Prev. 43.7)
Abu Dhabi's media office announces that three people were injured after debris from air defence interception sparked fires at the Habshan gas complex, operations have been suspended temporarily
ECB's Dolenc says that if the Iran war drags on, it will be very bad for inflation and growth
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This improvement suggests a potential stabilization in economic activity, which could influence market sentiment and support a more optimistic outlook for the upcoming economic data, though the PMI still signals contraction overall. Watch for implications on the Euro and broader Eurozone growth expectations.
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