Manufacturing Business Activity Index from procure.ch. Switzerland, 10:30 (GMT+2) 02 Mar

02Mar.202609:30

Manufacturing Business Activity Index from procure.ch. Switzerland, 10:30 (GMT+2)

At 10:30 (GMT+2), Switzerland will publish its February index from procure.ch, which measures the activity of purchasing managers in the manufacturing sector and is a key indicator of the level of confidence of large businesses in the country's economic development. If the value rises from 48.8 points, it is likely to have a positive effect on the franc exchange rate.

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Manufacturing PMI. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the EU will release February data on the business activity index in the manufacturing sector, calculated on the basis of a survey of purchasing and supply managers of the country's leading enterprises across all industries, assessing their attitudes to the current economic situation and its prospects. A correction from 49.5 points to 50.8 points is likely to be recorded, which, in turn, may support the euro exchange rate.

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