Note

GERMAN PRELIMINARY MANUFACTURING PMI UNEXPECTEDLY DROPS TO 42.3 IN FEBRUARY VS. 46.1 EXPECTED

amking
· Views 30




  • Germany’s Manufacturing PMI dropped to 42.3 in February vs. the forecast of 46.1.
  • Services PMI for the German economy rose to 48.2 in February vs. 48.0 expected.
  • EUR/USD keeps gains above 1.0850 after mixed German PMIs.

Germany’s manufacturing sector contraction unexpectedly deepened in February while the services sector activity improved, according to the preliminary business activity report from the HCOB survey published on Thursday


Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.

Content related