
At 11:00 (GMT+2), data on Manufacturing and Services business activity indices in the euro area for February will be released. The indicators reflect the state of business activity in the manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading enterprises, while assessing their attitude towards the current economic situation and the prospects for its further development. It is expected that the Manufacturing PMI will increase from the current 46.6 points to 47.0 points, the Services PMI - from 48.4 points to 48.8 points, and the Composite PMI may rise from 47.9 points to 48.5 point.

