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.

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The head of the Iranian negotiating delegation has not yet been finalised, Tasnim reports citing sources

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German HCOB Construction PMI (Mar) 48.0 (Prev. 43.7)

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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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