Eurozone’s February ZEW Economic Sentiment 29.7 (expected 22.3; last 16.7). February flash Manufacturing PMI 48.5 (expected 49.3; last 48.8) and flash Services PMI 53.0 (expected 51.0; last 50.8)
Germany’s February ZEW Economic Sentiment 28.1 (expected 22.0; last 16.9) and ZEW Current Conditions -45.1 (expected -50.0; last -58.6). February flash Manufacturing PMI 46.5 (expected 47.8; last 47.3) and flash Services PMI 51.3 (expected 51.0; last 50.7).
U.K.’s February flash Manufacturing PMI 49.2 (expected 47.5; last 47.0) and flash Services PMI 53.3 (expected 49.2; last 48.7). February CBI Industrial Trends Orders -16 (expected -14; last -17)
France’s February flash Manufacturing PMI 47.9 (expected 50.9; last 50.5) and flash Services PMI 52.8 (expected 49.9; last 49.4)
Swiss January trade surplus CHF5.078 bln (expected surplus of CHF3.750 bln; last surplus of CHF2.767 bln)
In news:
Germany, France, and the U.K. reported better than expected flash Services PMI readings for February while Manufacturing PMI readings from Germany and France missed expectations, pointing to continued contraction.