France’s manufacturing PMI rose to 45.8, but weak demand, rising costs, and steep declines persist across the industry.
EUR/USD rebounds to 1.0470 as ECB rate cut looms; Fed policy, tariffs, and key US data in focus.
Italy’s manufacturing PMI rose to 47.4, exceeding expectations. Employment declined, but optimism persists amid policy hopes.
Swiss manufacturing improved in February, with higher output and orders, as PMI rose to 49.6, indicating recovery.
Singapore PMI fell to 50.7, EUR/USD rose above 1.0450, GBP/USD surpassed 1.2650, and gold rebounded.
Spain’s February manufacturing PMI fell to 49.7, signaling contraction with declining orders, job losses, and cautious optimism.
Brazil’s manufacturing PMI rose to 53 in February, indicating expansion and positive economic activity in the sector.
European equities gained as major indices rose, following Wall Street’s lead, though uncertainty over tariffs remains.
China’s PMIs rose in February, but small firms struggled. Trade tensions and policy measures remain key concerns.
USDJPY consolidates near resistance; buyers eye breakout, sellers target 148.60. Key US data releases ahead.
