Pan-European Core HICP inflation came in above expectations for the year ended February, printing at 3.1% YoY versus the forecasted decline to 2.9% from 3.3%.
Headline YoY HICP inflation slipped to 2.6% versus the forecast 2.5%, previously 2.8% .
February’s US ISM Manufacturing PMI slips to 47.8 versus forecasted increase to 49.5 from previous 49.1.
The University of Michigan’s Consumer Sentiment survey index for February also slipped to 76.9, down from the steady forecast of 79.6.
ISM Manufacturing Prices Paid for February also declined to 52.5, versus the forecast uptick to 53.0 from the previous 52.9.
Next week sees another US Nonfarm Payrolls (NFP) Friday with the ADP Employment Change preview slated for Wednesday.
The European Central Bank’s (ECB) latest rate call is also coming next week, slated for Thursday
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