Singapore PMI fell to 50.7, EUR/USD rose above 1.0450, GBP/USD surpassed 1.2650, and gold rebounded.
Spain’s February manufacturing PMI fell to 49.7, signaling contraction with declining orders, job losses, and cautious optimism.
Brazil’s manufacturing PMI rose to 53 in February, indicating expansion and positive economic activity in the sector.
European equities gained as major indices rose, following Wall Street’s lead, though uncertainty over tariffs remains.
China’s PMIs rose in February, but small firms struggled. Trade tensions and policy measures remain key concerns.
USDJPY consolidates near resistance; buyers eye breakout, sellers target 148.60. Key US data releases ahead.
European leaders support Ukraine, boosting the Euro, while Trump’s tariff threats pose risks amid CPI and ECB decisions.
Japan’s FX diplomat sees wage growth potential, strong corporate investment, and tourism aiding economic recovery before negotiations.
UK net lending exceeded forecasts, EUR/USD rose on inflation data, GBP/USD gained, and gold remained stable.
Eurozone CPI and US ISM Manufacturing PMI in focus; inflation data may influence ECB policy decisions.
