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European equities hold slightly higher to start the dayEuropean equities hold slightly higher to start the day

Eurostoxx +0.3%Germany DAX +0.2%France CAC 40 +0.3%UK FTSE +0.6%Spain IBEX flatItaly FTSE MIB +0.2% It’s a decent start as European stocks look to be in […]

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Switzerland March manufacturing PMI 45.2 vs 44.9 expectedSwitzerland March manufacturing PMI 45.2 vs 44.9 expected

Prior 44.0 Swiss manufacturing conditions improved slightly in March, with output and orders rising from the month before. However, all remain in contraction territory and […]

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Italy March manufacturing PMI 50.4 vs 48.8 expectedItaly March manufacturing PMI 50.4 vs 48.8 expected

Prior 48.7 Italy’s manufacturing sector stops the rot and marginally grows for the first time in a year. A renewed growth in both output and […]

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France March final manufacturing PMI 46.2 vs 45.8 prelimFrance March final manufacturing PMI 46.2 vs 45.8 prelim

Prior 47.1 France’s manufacturing sector remains sluggish in March as demand conditions continue to keep a drag on overall activity. Production may have fallen at […]

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Germany March final manufacturing PMI 41.9 vs 41.6 prelimGermany March final manufacturing PMI 41.9 vs 41.6 prelim

Prior 42.5 Despite a slight revision higher to the initial reading, it is still a five-month low. Weak demand conditions is still the main problem […]

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Eurozone March final manufacturing PMI 46.1 vs 45.7 prelimEurozone March final manufacturing PMI 46.1 vs 45.7 prelim

Prior 46.5 Even with the headline reading dipping to a three-month low, there are some good news from this report. Of note, output and new […]

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Bavaria March CPI +2.3% vs +2.6% y/y priorBavaria March CPI +2.3% vs +2.6% y/y prior

Hesse CPI +1.6% vs +2.1% y/y priorNorth Rhine Westphalia CPI +2.3% vs +2.6% y/y priorSaxony CPI +2.5% vs +3.0% y/y priorBrandenburg CPI +2.8% vs +3.5% […]

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USDJPY Technical AnalysisUSDJPY Technical Analysis

USD The Fed left interest rates unchanged as expected with basically no change to the statement. The Dot Plot still showed three rate cuts for […]

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Spain March manufacturing PMI 51.4 vs 51.0 expectedSpain March manufacturing PMI 51.4 vs 51.0 expected

Prior 51.5 Spain’s manufacturing sector sustains a slight growth in March, helped by stronger output despite a softer increase in new orders. Prices remain a […]

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FX option expiries for 2 April 10am New York cutFX option expiries for 2 April 10am New York cut

There is just one to take note of, as highlighted in bold. That being for EUR/USD at the 1.0735 level. With the dollar in the […]

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