Investors already know the PMI manufacturing in China, the euro area countries and the UK.
In China PMI in February was 50.7 points. to 49.7 points. at the end of the previous month – due in the final calculations HSBC Holdings and Markit Economics. Pre estimated PMI at 50.1 points. The index has been below 50 points. for the previous two months.
PMI in France in the industry in the second reached 47.6 pts., in Germany was 51.1 pts., in the euro area 51.0 pts., and W.Brytanii 54.1 points. The value of PMI above 50 points indicates a recovery in the sector.
Better-than-expected data were unemployment rate Euro zone CPI in January and February.
Unemployment in the euro in January was 11.2 percent . to 11.3 percent. in December, and analysts expected 11.4 percent. The decline in the CPI was in February in the euro area 0.3 percent., And was expected to decline by 0.4 percent.
In the afternoon start of US economic data releases. About 14.30 will be given information about income and expenses in the Americans, but about 15.45, PMI in the industry in the second. About 16.00 will be given to the February reading of the ISM index for US industry.
“Valuation of shares grow and grow, but at some point it will break and questioning the current rally in stock markets “- says Heinz-Gerd Sonnenshcein, strategist at Deutsche Postbank in Bonn.
“Cheap money still manages markets. There is a lot of optimism, maybe even too much, because the economic recovery is still fragile. After a strong start of the year we move on thin ice + + “- says.
The following indexes in Europe – h . 12.20
| Index | Country | value | � � | 1D | 1W |
| | (Pts.) | (%) | (%) | ||
| | |||||
| Euro Stoxx 50 | The Eurozone | 3597.92 | -0.03 | 2.23 | |
| DAX | Germany | 11421.53 | 0.17 | 2.61 | |
| FTSE 100 | Great Britain | 6963.25 | < br /> | 0.24 | 0.74 |
| CAC 40 | France | 4932.16 | � � | -0.39 | 1.44 |
| IBEX 35 | Spain | 11193.60 | 0.14 | 1.85 | |
| FTSE MIB | Italy | 22340.59 | � � | 0.01 | 1.71 |
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