European futures come this Tuesday with increases of 0.8% on average, but US futures fall 0.5%, after yesterday the session ended with falls for the Ibex and increases in the rest of the squares of the Old Continent and after Wall Street ends the day in positive (+ 3.5%). In Asia, the day has a predominance of green numbers. There, the better-than-expected manufacturing purchasing managers’ index in China has been known, which has also been above the contraction level of 50 (52, against a forecast of 45).
Preliminary inflation figures for March are published in the euro area. “We still expect 0.8% headline inflation as rising food prices are dampening some of the downward pressure on energy prices. For core inflation, we forecast 1.1% due to the decrease in inflation of services (especially tourist packages) However, most of the data is likely to have been collected before the country closings, only partially reflecting the impact of the coronavirus on the front of inflation so far, “explains Danske Bank.
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