Eurozone Preliminary Manufacturing PMI drops to 48.5 in February vs. 49.3 expected

  • Eurozone Manufacturing PMI arrives at 48.5 in February vs. 49.3 expected.
  • Bloc’s Services PMI rises to 53.0 in February vs. 51.0 expected.
  • EUR/USD extends losses toward 1.0650 on the mixed Eurozone PMIs.

The Eurozone manufacturing sector downturn continued in February, the latest manufacturing activity survey from S&P Global research showed on Tuesday.

more to come ....

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