The main focus will be the release of the flash PMIs

Market movers today The main focus will be the release of the flash PMIs. In the euro area we expect the composite PMI to have declined slightly to 53.1 in March from 53.3 in February driven by a drop in the manufacturing PMI, while the services PMI is expected to have continued to improve moderately in March. In the US a slight improvement in the flash manufacturing PMI to 57.4 from 57.1 should still be possible on the back of the strong rebound in February.

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