According to analysts at TD Securities, Eurozone’s flash PMIs for March were disappointing, with the Manufacturing PMI slipping to 47.6 and the Services PMI falling to 52.7. Key Quotes “The French PMI disappointed significantly, with both manufacturing (49.8) and services (48.7) dropping below the all-important 50 level. New export orders and “Gilets jaunes” protests were partly to blame for the decline.” “The German Manufacturing PMI also plummeted this morning to 44.7, its lowest level in 6.5 years. The decline was led by the 7th consecutive fall in new export orders, with uncertainty and weaker demand in the auto sector also key factors. The Services PMI, meanwhile, remained strong at 54.9, flagging the strong divergence we’ve been seeing between domestic and foreign demand in Germany.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ECB’s Draghi: International trade is main reason for slowdown FX Street 4 years According to analysts at TD Securities, Eurozone's flash PMIs for March were disappointing, with the Manufacturing PMI slipping to 47.6 and the Services PMI falling to 52.7. Key Quotes "The French PMI disappointed significantly, with both manufacturing (49.8) and services (48.7) dropping below the all-important 50 level. New export orders and "Gilets jaunes" protests were partly to blame for the decline." "The German Manufacturing PMI also plummeted this morning to 44.7, its lowest level in 6.5 years. The decline was led by the 7th consecutive fall in new export orders, with uncertainty and weaker demand in the auto sector also… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
