Here come European PMIs...
On Thursday morning we'll get readings from the services sector across the Eurozone, as well as a composite figure for the month of February. That number puts together the manufacturing and services sectors to give an overall picture of growth in the European economy.
The purchasing managers index (PMI) figures from Markit are given as a number between 0 and 100. Anything above 50 signals growth, while anything below means a contraction in activity - so the higher the better.
Economists are expecting the composite figure to be 52.7, meaning that there's still growth, but not much of it. The number would also mark a fall from January's reading of 53.6.
Services PMI on its own is forecast at 53, down from 53.6 in January.
Earlier in the week, we got figures from the manufacturing sector on the continent, and to say things were bad would be something of an understatement. Manufacturing in all of Europe's biggest economies, and across the Eurozone slumped to its lowest levels in a year in February. PMI hit 51.2, a slight beat on the forecasts of economists, but still a huge fall from the 52.3 number seen in January.
More to come...