US S&P Global Composite PMI Final (Mar) 50.3 vs. Exp. 51.4 (Prev. 51.9)

The S&P Global Composite PMI for March came in at 50.3, missing expectations of 51.4 and down from the previous reading of 51.9.

Newsquawk StaffPublished On the live feed at 2 more headlines followed before this page went public
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Democratic senators are urging President Trump to ban imports of Chinese vehicles manufactured in Mexico or Canada, according to a letter

Turkey has launched an antitrust probe into Google (GOOGL) for ad invoicing

US S&P Global Composite PMI Final (Mar) 50.3 vs. Exp. 51.4 (Prev. 51.9)

US White House Advisor Hassett says President Trump's Budget request is fiscally responsible, via Fox News

Iran says the IAEA's silence regarding the attacks on peaceful nuclear centers in Iran is not just inaction but rather complicity, Al Mayadeen reports

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Context

This miss suggests a deceleration in economic activity, which could raise concerns about growth momentum, potentially influencing market sentiment towards further monetary easing or a reassessment of growth prospects in upcoming policy discussions.

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