At 11:30 (GMT+2), the UK will release preliminary data on manufacturing and services indices for February. 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. In the manufacturing sector, it is likely to adjust from 51.8 points to 51.5 points, and in the services sector — from 54.0 points to 53.4 points, putting pressure on the pound’s position.
