Flash: Expect sideways EZ PMIs - Danske Bank

FXStreet (Barcelona) - Lars Christensen, Chief Analyst at Danske Bank notes that the main focus will be flash estimates for PMI in the euro area starting with France and Germany this morning.

Key Quotes

“We expect the euro-area composite PMI to have moved broadly sideways in February from the solid 54 level in January.”

“That said, the weaker ZEW economic sentiment released in Germany earlier this week suggests that there is downside risk to our forecast.”