German HCOB Services PMI Flash (Feb) 53.4 vs. Exp. 52.3 (Prev. 52.4, Low. 51.8, High. 53)
The German HCOB Services PMI for February came in at 53.4, exceeding expectations of 52.3 and indicating robust growth in the services sector.
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 Services PMI Flash (Feb) 53.4 vs. Exp. 52.3 (Prev. 52.4, Low. 51.8, High. 53)
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 beat suggests a continuation of positive momentum in the German economy, which could have implications for growth forecasts and monetary policy considerations within the Eurozone. Expect potential bullish sentiment in the EUR as this data points to resilience in the services industry, possibly influencing broader market dynamics.
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