Germany HCOB Manufacturing PMI came in at 52.2, above expectations (51.7) in March
Germany HCOB Manufacturing PMI came in at 52.2, above expectations (51.7) in March
France HCOB Manufacturing PMI below forecasts (50.2) in March: Actual (50)
The GBP/JPY cross shows some resilience below the 100-day Simple Moving Average (SMA) for the second consecutive day and gains some positive traction on Wednesday.
ING’s Francesco Pesole highlights that hawkish European Central Bank rhetoric is making Euro front-end rates stickier on the downside versus the US, where Fed easing is more easily priced.
NZD/USD extends its gains for the second successive day, trading around 0.5760 during the European hours on Wednesday. The technical analysis of the daily chart signals an ongoing bearish bias as the pair remains within a descending channel pattern.
Italy HCOB Manufacturing PMI came in at 51.3, above forecasts (50.9) in March
The USD/JPY pair extends its losing streak for the third trading day on Wednesday, trading 0.26% lower to near 158.30 during the European session.
Austria Unemployment Rate declined to 7.5% in March from previous 8.3%
Austria Unemployment fell from previous 357.5K to 322.7K in March
Switzerland SVME - Purchasing Managers' Index came in at 53.3, above expectations (47) in March
Spain HCOB Manufacturing PMI registered at 48.7, below expectations (50.3) in March
Here is what you need to know on Wednesday, April 1: