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Germany: PMI Services drops more than expected in March

FXstreet.com (Barcelona) - German PMI Manufacturing decreased to 50.9 points in March, from 54.7 points in February, according to data released today by Markit. The result is below market consensus of 51.6 points.

Forex Flash: What will be the next move by the ECB?

In light of the ECB monetary policy meeting this afternoon, the majority of analysts expect the central bank to hold the lending benchmark at 0.75%. However, the likeliness of a rate cut has grown bigger...
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EMU: PMI Services declines to 46.4 in March

Eurozone PMI Services slid to 46.4 points in March, from 47.9 points in February, according to data released today by Markit. The result is slightly below market consensus of 46.5 points.
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