Eurozone Feb PMI to be among the most closely watched figures today - ING
|Analysts at the ING bank offer brief insights on what to expect from today’s Eurozone flash manufacturing and services PMI readings due at 0900 GMT.
Key Quotes:
“The Eurozone PMI will be among the most closely watched figures. The r-word has been used out loud already as the January PMI dropped to just 51 (anything below 50 signals contracting activity).
The February PMI will give a sense of if we're going to see a turnaround in growth figures, or whether we will move even closer to stagnation halfway through the first quarter.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.