Financial markets focus on manufacturing and services this week on BMI codes and inflation of major economies.
Last week, The world bags were pressed To the concern of the main central banks for growth and InflationAre running Duty Trump. Investors will now pay their attention to the Index of the Production and Services Department’s purchasing managers (BMI) to learn the economic path.
Besides, EU Summit on Assistance to Ukraine The role of the constituency in peace talks will be an important event for European variable income. Australian inflation data, the United Kingdom, Japan and many other European economies will follow Commerce The world.
This Monday, the S&P Global releases a series of BMI codes of the Production and Services Department related to March of the major economies. These codes offer Important information on economic health By measuring the operation in all sectors based on new orders, employment and business trust. A reading of over 50 refers to an expansion, while a picture of a picture below 50 refers to the wrinkle.
From The invasion of Ukraine by Russia in 2022. European Union is particularly affected Air against macro economy-2022 its manufacturing sector has fallen from mid -mid -day.
Slight summary from the beginning of 2023
In February, production BMI. Eurrop It was improved from 46.6 to 47.6 in January, which refers to a mild summary from the beginning of 2023. Germany, France, Italy and Austria recorded low collapse, while commercial confidence rose to a maximum of three years, probably due to the fall of interest rates and China’s economic recovery.
However, the 25% of charges Recently Trump can levy tax on steel and aluminum import a New pressure About the department. This week, will be focused Data from Germany and FranceFebruary BMIs were reviewed up to 46.5 and 45.8, respectively, although both were in deep wrinkle. The data is expected to show a new improvement in March.
Rather, the Europe Services BMI Carry out Three months in the extension of the expansionDespite growth when new companies fell in February. The code was 50.6 below January 51.3 last month. In France, BMI services were contracted for the sixth month, defined as a product Lack of demandReduction of customer sites and public economic weakness.
In the meantime, the German service industry grew for the third consecutive month. Intense forecasts point to a new increase in German services up to 52.3 in March. In the United Kingdom, the February production of the February was summarized at 46.9 for the fifth month, and the March data is expected to be 47.3. In the meantime, the BMI of BMI services rose to 51 and less than 52 in the last four months because companies have reduced cost and investment Economic uncertainty. The service code is expected to be maintained in normal expansion.
In Of .u.In February production rose to 52.7, which reflects one Acceleration As part of “Progress Looking forward to a potential price increase and supplied delivery interruptions Planned payment dumping“However, BMI services are declining from 52.9 to 51 to 51, and weighing with economic uncertainty. Market predictions in March 51.9 and 51.2 respectively.
US Inflation Data, United Kingdom and Europe
Las Main inflation data This week, United States Personal Consumption Expenditure Table (BCE), United Kingdom and Australia’s Monthly Consumption Price (IPC), tokyo -based Tokyo from Japan and France and Spain’s CPI. He PCE AmericanInflation indicator of the federal reserve (Fet) Basic to Monetary Policy decisions. In January, the Basic IPC fell to 2.6% per year compared to 2.9% in December.
However, the Central Bank raised its base PCE to 2.5% by 2025, citing “more uncertainty of economic perspectives.” Despite this, the head of the central bank, Jerome PowellDescribed Inflation operated by fees As “Medieval” The significance of recession risks is low. The higher reading than planned can retain pressure on American bags and feed the new mass sale.
There Royalty. Annual inflation is expected to cool down at 2.9% in February. Investors will also analyze the British government budget scheme released on Wednesday.
That is expected Annual inflation In Place It is reduced to 2.7% in March, The highest level from 3% in February, from June to the highest level. On the contrary, France’s inflation was confirmed in February 0.8%, which is very low in four years, with expectations for a slight increase in this month.
