Reported about 1 month ago
European markets are set to concentrate on preliminary Purchasing Managers' Index (PMI) readings, especially from the euro zone, where investor concerns about economic growth persist. Business activity remains in contraction, pressuring the European Central Bank for a timely rate cut. The euro has declined sharply this month, while the U.S. dollar gains strength amidst political uncertainties. Additionally, strikes at Boeing threaten further market instability.
Source: YAHOO