Research Team at Danske Bank, suggests that today is the big manufacturing PMI day in Europe. Key Quotes “On the back of the fall in the euro area PMI figures last week, the direction of change for Spain and Italy is already set and we expect to see a solid ...

In the coming week, the focus will be on several economic data releases from the eurozone and the USA, as they could give a final hint at the next steps by the ECB and the Fed in March, according to Thu Lan Nguyen, analyst at Commerzbank.” In the US, a ...

Wei Yao, Research Analyst at Societe Generale, notes that yesterday, the PBoC announced to cut the required reserve ratio (RRR) for all banks by 50bp, effective starting 1 March. Key Quotes “In light of the rapid decline in FX reserves in the past few months, this move is overdue. In ...