Manufacturing and Services PMIs. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), March data on Manufacturing and Services business activity indices in the Eurozone countries will be released. The indicators reflect the state of business activity in the national manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading national enterprises, while assessing their attitude towards the current economic situation and the prospects for its further development. The Manufacturing PMI is expected to grow from the current 46.5 points to 47.0 points, the Services PMI — from 50.2 points to 50.5 points, and the Composite PMI — from 49.2 points to 49.7 points.

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