The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) unexpectedly declined to 46.4 in February from 48.3 in January.
The Eurozone manufacturing sector improved but remained in contraction while the services sector activity eased in February, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Friday.
"The crypto industry has been held back by regulatory ambiguity, with a knee on its neck for the last four years. But that's about to change," declares Michael Higgins, CEO of Hidden Road.
The German manufacturing and services sectors activity improved more-than-expected in February, the preliminary business activity report published by the HCOB survey showed Friday.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against its six major peers, maintains its ground around 106.50 during the early European hours on Friday.
Here is what you need to know on Friday, February 21: The action in financial markets quiets down on Friday as investors await preliminary February Manufacturing and Services Purchasing Managers' Index (PMI) data from Germany, the Eurozone, the UK and the US.
The United Kingdom (UK) Retail Sales rebounded 1.7% month-on-month (MoM) in January after falling 0.6% in December, the latest data published by the Office for National Statistics (ONS) showed Friday.
The AUD/JPY cross builds on the previous day's late bounce from the 95.35-95.30 area, or over a one-week low, and gains strong positive traction during the Asian session on Friday.
Gold price (XAU/USD) attracts some sellers in the vicinity of the $2,950 level during the Asian session on Friday and moves away from the all-time peak touched the previous day.
Silver price (XAG/USD) remains under pressure after gaining in the previous session, trading around $32.90 per troy ounce during Asian trading hours on Friday.
Important Information Before You Sign Up as a Company
Before you proceed, please read this important information about our review and rating policies.
Do – Get real customer reviews and embed our ratings widgets
Do – Get real customer reviews and embed our ratings widgets
Showcasing real experiences builds trust and drives long-term success. Our widgets highlight authentic customer feedback, boosting credibility. They link directly to your review page, making it easy for customers to share their experiences—so place them where happy clients can see and contribute.
Don't – Attempt to trick our system with fake reviews
Don't – Attempt to trick our system with fake reviews
We outperform other platforms in detecting fake reviews—our system gets smarter with more reviews. Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews. Spam reviews appear in the spam tab, alerting the community, and repeated abuse may trigger manual violations. The best strategy? Rely on real, satisfied customers to build your rating honestly.