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3 Numbers: Eurozone Composite PMI expected to reaffirm 0.4% GDP growth

From tradingfloor.com

A new estimate of Eurozone GDP growth for the first quarter is in focus today with the release of flash February data for the Composite PMI. Later, we'll see this month’s preliminary estimate for the US Manufacturing PMI. Meanwhile, keep an eye on the Treasury market’s inflation forecast for evaluating the outlook for the timing of the next rate hike by the Federal Reserve. Eurozone: Composite PMI (0900 GMT) Todays’ flash survey data for Europe offers a fresh update on the outlook for GDP growth. The new numbers will help the crowd decide if the upbeat forecasts for the first quarter are still alive and well. So far, ... (full story)

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