France, PMI indices for March.
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Manufacturing. Actual: 47.7. Expected: 48; Previous: 47.4
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Services. Actual: 55.5. Expected: 52.4 Previous: 53.1
Germany, PMI indices for March.
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Manufacturing. Actual: 44.4. Expected: 47 Previous: 46.3
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Services. Actual: 53.9. Expected: 51.0 Previous: 50.9
Although industrial data remain under pressure, the Composite index surprises the consensus on the upside. Let's remember that services are responsible for most of Europe's GDP. Source: S&P Global
The EURUSD pair extends declines after a reading of PMI data from major EU economies. The combined reading for the Eurozone will be known at 10:00 am GMT. Source: xStation 5
