United Kingdom S&P Global Composite PMI below expectations (51) in March: Actual (50.3)
United Kingdom S&P Global Composite PMI below expectations (51) in March: Actual (50.3)
Eurozone Sentix Investor Confidence: -19.2 (April) vs previous -3.1
United Kingdom S&P Global Services PMI below forecasts (51.2) in March: Actual (50.5)
Dow Jones futures fall 0.2% to near 46,800 during European hours on Tuesday, ahead of the regular United States (US) open. Meanwhile, S&P 500 and Nasdaq 100 futures also decline 0.34% and 0.45% to near 6,620 and 24,250, respectively, at the time of writing.
Societe Generale’s Commodity Compass Analytics (CCA) team, led by Michael Haigh, Ben Hoff and Jeremy Sellem, highlights that Dated Brent at $141/bbl reflects severe physical tightness as Strait of Hormuz flows remain impaired.
European Central Bank (ECB) policymaker and the head of Belgium's central bank, Pierre Wunsch, said in the Wall Street Journal’s (WSJ) What's News podcast conducted on Monday and released on Tuesday that the central bank could deliver an interest rate hike in the April meeting to limit the effect of
ING’s Chris Turner notes the Dollar (USD) remains supported as investors await a White House deadline linked to the US-Iran conflict and elevated energy prices. Strong US jobs data and resilient activity could see markets price Federal Reserve (Fed) hikes if Oil rises further.
China Foreign Exchange Reserves (MoM) came in at $3.342T below forecasts ($3.4T) in March
Eurozone HCOB Composite PMI above expectations (50.5) in March: Actual (50.7)
Eurozone HCOB Services PMI above forecasts (50.1) in March: Actual (50.2)
Germany HCOB Services PMI came in at 50.9 below forecasts (51.2) in March
Germany HCOB Composite PMI in line with expectations (51.9) in March