German HCOB Manufacturing PMI Flash (Feb) 50.7 vs. Exp. 49.5 (Prev. 49.1, Low. 49.2, High. 50.2)
The German HCOB Manufacturing PMI for February came in at 50.7, beating expectations of 49.5 and indicating a slight recovery in manufacturing activity compared to January's reading of 49.1.
EU HCOB Manufacturing PMI Flash (Feb) 50.8 vs. Exp. 50 (Prev. 49.5, Low. 49.4, High. 50.5)
Iranian Oil Minister says cooperation with the US on oil is possible
German HCOB Manufacturing PMI Flash (Feb) 50.7 vs. Exp. 49.5 (Prev. 49.1, Low. 49.2, High. 50.2)
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 Composite PMI Flash (Feb) 49.9 vs. Exp. 49.7 (Prev. 49.1, Low. 49.1, High. 50.5)
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This unexpected upturn is crucial as it suggests resilience in the sector, potentially impacting growth outlook and influencing future ECB policy decisions as they navigate inflation and growth dynamics.
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