Reply To: Traders Market Weekly: Big Three Central Banks Resolve to be Tested.

#52035
Truman
Participant

Flash Manufacturing and Services PMI readings for the eurozone improved from their December levels, but Manufacturing PMI remained below 50.0, indicating continued contraction in the sector.
European Central Bank President Lagarde and other ECB policymakers have spoken in favor of more rate hikes.
French Finance Minister Le Maire said that inflation is expected to slow around the middle of this year.
Eurozone’s flash January Manufacturing PMI 48.8 (expected 48.5; last 47.8) and flash Services PMI 50.7 (expected 50.2; last 49.8)
Germany’s flash January Manufacturing PMI 47.0 (expected 47.9; last 47.1) and flash Services PMI 50.4 (expected 49.6; last 49.2). February GfK Consumer Climate -33.9 (expected -33.0; last -37.6)
U.K.’s flash January Manufacturing PMI 46.7 (expected 45.4; last 45.3) and flash Services PMI 48.0 (expected 49.6; last 49.9). January CBI Industrial Trends Orders -17 (expected -8; last -6). December Public Sector Net Borrowing GBP26.58 bln (expected GBP22.30 bln; last GBP18.82 bln)
France’s flash January Manufacturing PMI 50.8 (expected 49.6; last 49.2) and flash Services PMI 49.2 (expected 49.8; last 49.5). January Business Survey 103 (expected 102; last 102)
Italy’s Q3 Public Debt 4.7% (last 3.1%)
Swiss December trade surplus CHF2.827 bln (expected surplus of CHF3.23 bln; last surplus of CHF2.405 bln)