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Flash PMIs from Europe and the United States
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US Senate still negotiates coronavirus relief package
Macro data has been overlooked by investors recently as they were focused on spreading coronavirus. However, we have come to a point when newly published data will capture the impact of coronavirus. Flash PMIs for March from Europe and the United States will be released today and they are a key point in the calendar. Apart from that, traders should keep in mind that parties in the US Senate are still negotiating a coronavirus relief package. Progress is said to be made yesterday and a meaningful vote could be held today in the afternoon.
8:30 am GMT - Germany, PMI indices for March (flash)
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Manufacturing. Expected: 39.6 pts. Previous: 48 pts
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Services. Expected: 42.3 pts. Previous: 52.5 pts
9:00 am GMT - Euro area, PMI indices for March (flash)
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Manufacturing. Expected: 39 pts. Previous: 49.2 pts
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Services. Expected: 39 pts. Previous: 52.6 pts
9:30 am GMT - UK, PMI indices for March (flash)
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Manufacturing. Expected: 45 pts. Previous: 51.7 pts
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Services. Expected: 45 pts. Previous: 53.2 pts
1:45 pm GMT - US, PMI indices for March (flash)
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Manufacturing. Expected: 42.8 pts. Previous: 50.7 pts
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Services. Expected: 42 pts. Previous: 49.4 pts
2:00 pm GMT - US, Richmond Fed index for March. Expected: -10 pts. Previous: -2 pts
2:00 pm GMT - US, new home sales for February. Expected: 750k. Previous: 764k
9:40 pm GMT - API report on oil stockpiles. Expected: 2.9 mb. Previous: -0.4 mb
