PMI data in focus in Europe today ...Middle East

As we move closer to the 2 April deadline, expect there to be plenty of contradictions and volatility bouts with Trump surely to also offer his own takes on the tariffs implementation. For now, the latest headline is helping risk trades at the balance. That comes after a late recovery in Wall Street on Friday as well.

Coming up in the session ahead, euro area PMI data will put the spotlight on the euro. The estimates suggest a slight pick up in activity in March but I reckon the important detail will be to see how businesses are taking to the German debt brake reform and plans for increased spending.

0815 GMT - France March flash manufacturing, services, composite PMI0830 GMT - Germany March flash manufacturing, services, composite PMI0900 GMT - Eurozone March flash manufacturing, services, composite PMI0900 GMT - SNB total sight deposits w.e. 21 March0930 GMT - UK March flash manufacturing, services, composite PMI

That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.

This article was written by Justin Low at www.forexlive.com.

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