UK: Scope for a small gain in Manufacturing PMI for March - TDS

UK manufacturing PMI has fallen in 4 of the last 5 months, but both analysts at TDS and markets see scope for a small gain in March. 

Key Quotes

“We expect 54.8 consensus 55.  Big challenges lay ahead for UK industry, and while the depreciation in sterling has helped boost output in the sector over the last year or so, businesses remain anxious about Brexit.”

“EUR: The final readings of the German, French, and euro area manufacturing PMIs out alongside the unemployment  rate for February, which markets expect to improve another notch to 9.5%.”