Spain Markit March mftg PMI 54.8 vs 54.7 exp

Spain Markit March mftg PMI data now out 3 April

  • 56.0 prev and 53.9 a year ago
  • new orders 55.2 vs 56.7 prev

Lowest headline reading since Sept 2017.

Beating expectations marginally but lower than prev makes for a soggy reading albeit still above the 50 positive threshold.

EURUSD unfazed though and still trawling around 1.2330 near session highs.

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