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  • 🇿🇦 ABSA Manufacturing PMI (FEB) Actual: 53 Previous: 50.9 https://www.dailyfx.com/economic-calendar#2021-03-01
  • A “PIP” – which stands for Point in Percentage - is the unit of measure used by forex traders to define the smallest change in value between two currencies. Learn how to understand pips in forex here: https://t.co/AfAhmIoVZv https://t.co/NGW319B3Gp
  • 💶 Markit Manufacturing PMI Final (FEB) Actual: 57.9 Expected: 57.7 Previous: 54.8 https://www.dailyfx.com/economic-calendar#2021-03-01
  • 🇩🇪 Markit Manufacturing PMI Final (FEB) Actual: 60.7 Expected: 60.6 Previous: 57.1 https://www.dailyfx.com/economic-calendar#2021-03-01
  • 🇮🇹 IHS Markit Manufacturing PMI (FEB) Actual: 56.9 Expected: 57 Previous: 55.1 https://www.dailyfx.com/economic-calendar#2021-03-01
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  • Heads Up:💶 Markit Manufacturing PMI Final (FEB) due at 09:00 GMT (15min) Expected: 57.7 Previous: 54.8 https://www.dailyfx.com/economic-calendar#2021-03-01
  • Heads Up:🇩🇪 Markit Manufacturing PMI Final (FEB) due at 08:55 GMT (15min) Expected: 60.6 Previous: 57.1 https://www.dailyfx.com/economic-calendar#2021-03-01
  • 🇨🇭 https://t.co/IuJgBTnOdA Manufacturing PMI (FEB) Actual: 61.3 Expected: 60 Previous: 59.4 https://www.dailyfx.com/economic-calendar#2021-03-01
  • Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.82% Gold: 1.00% Silver: 0.85% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/vWOnf0ol88
Equities Tread Water Ahead of ECB Rate Decision Tomorrow

Equities Tread Water Ahead of ECB Rate Decision Tomorrow

Katie Pilbeam,

European markets are mixed this Wednesday as there is little news to drive the bourses as investors look towards to ECB’s press conference on Thursday. Read Senior Currency Strategist Christopher Vecchio's preview for the ECB meeting here.

Reckitt Benckiser is one of the biggest gainers after selling its food business to America’s McCormick & Co - which owns Schwartz herbs and spices in a deal worth £3.2bn. The food section of Reckitt Benckiser is most famous for its French mustard!

Europe’s construction sector dropped a little in May but the figure was still 2.6% higher than a year ago but shrank by 0.7%, compared to May, due to a 0.9% decline in civil engineering and a 0.7% drop in building construction by 0.6%.

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--- Written by Katie Pilbeam, DailyFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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