The flash estimates for Germany’s manufacturing and services PMIs are scheduled for release today, followed by updates on UK retail sales and US weekly jobless claims. In all three cases, analysts see improvements in the data du jour. Germany PMI Composite Flash (08:28 GMT) Economists expect some macro relief in today’s initial estimate of purchasing managers indexes (PMI) for Germany’s services and manufacturing sectors. Good thing, too, since the market sentiment needs a boost. Between worries over the risk of a meltdown in Cyprus and mixed to weak economic news for Germany in recent weeks, confidence remains shaky ... (full story)