Analysts at Danske Bank point out that today the euro area March flash PMIs are released, where they are expecting some stabilisation in the manufacturing index with an expected print of 49.1. Key Quotes “We see services PMI continuing to rebound to 53.1 due to solid domestic demand. Today also brings German PMI; improving activity in Germany’s industry will be an important ingredient for the euro area growth rebound we still expect to take shape in Q2.” “After the EU27’s decision to grant a very short unconditional extension of Brexit, we will follow closely the response from leading UK politicians today and over the weekend ahead of next week’s decisions in the House of Commons.” “In the US, we get Markit PMIs (preliminary) for March, which will be particularly interesting on the back of this week’s Fed meeting, where the central bank signalled concern about the momentum in the US economy. We still think Markit manufacturing PMI will stabilise, so we expect the manufacturing index to come in at 54, up from 53.” 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 EUR futures: consolidation likely near term FX Street 4 years Analysts at Danske Bank point out that today the euro area March flash PMIs are released, where they are expecting some stabilisation in the manufacturing index with an expected print of 49.1. Key Quotes "We see services PMI continuing to rebound to 53.1 due to solid domestic demand. Today also brings German PMI; improving activity in Germany's industry will be an important ingredient for the euro area growth rebound we still expect to take shape in Q2." "After the EU27's decision to grant a very short unconditional extension of Brexit, we will follow closely the response from leading UK politicians… 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.
