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The preliminary value of Germany's comprehensive PMI in February was 53.1, which was expected to be 52.3 and the previous value was 52.1.
The preliminary value of Germany's service industry PMI in February was 53.4, which was expected to be 52.3 and the previous value was 52.4.
The initial value of the German manufacturing PMI in February was 50.7, compared with the expected 49.5 and the previous value of 49.1.
Naftogaz: Russian drones attacked Ukrainian oil and gas infrastructure in the central Poltava region, causing damage and fires.
Market News: Germany denies reports of plans to purchase more US F-35 fighter jets.
Germany’s flash manufacturing PMI for February is due in ten minutes.
France's preliminary comprehensive PMI value for February was 49.9, which was expected to be 49.7 and the previous value was 49.1.
The initial value of the French manufacturing PMI in February was 49.9, which was expected to be 51 and the previous value was 51.2.
The initial value of France's service industry PMI in February was 49.6, which was expected to be 49.2 and the previous value was 48.4.
Hong Kong stocks closed on the first trading day of the Year of the Horse, with the Hang Seng Index closing down 1.10% and the Stock Exchange Index closing down 2.91%. Artificial intelligence and robotics concept stocks strengthened throughout the day. Zhipu (02513.HK) soared 42.72% during the day, with its stock price as high as HK$725. Its total market value exceeded HK$320 billion. MINIMAX-WP (00100.HK) closed up 14.52%.
France’s flash manufacturing PMI for February is due in ten minutes.
The German DAX30 index opened up 42.37 points, or 0.17%, at 25060.35 points on February 20 (Friday);The British FTSE 100 index opened up 42 points on February 20 (Friday) .51 points, an increase of 0.40%, to 10669.55 points;The FCHI index opened on February 20 (Friday), an increase of 40.70 points, or 0.48%, to 8439.48 points; Spain's IBEX35 index opened up 24.11 points, or 0.13%, to 18041.61 points on February 20 (Friday);Italy's FTSE MIB index opened up on February 20 (Friday) 156.28 points, an increase of 0.34%, to 45950.50 points;The European Stoxx 50 Index opened on February 20 (Friday), an increase of 15.88 points, an increase of 0.26%, to 6075.5 points.
Indian Trade Minister: The United States is expected to issue a notice this month to reduce import tariffs to 18%.
Indian Trade Secretary: The government may issue more quality control orders to support exports. India hopes to improve the quality of Indian exports through mandatory standards.
Indian Trade Minister: The India-US interim trade agreement is expected to take effect in April.
South Korea's Ministry of Foreign Affairs: South Korea and Canada will hold a meeting of defense ministers and foreign ministers on February 25.
UK public sector net borrowing in January was -30.366 billion pounds, expected -23.8 billion pounds, and the previous value was 11.6 billion pounds.
The shortfall in UK government balance in January was -59.306 billion pounds, with the previous value revised from 16.9 billion pounds to 16.84 billion pounds.
Germany's PPI monthly rate recorded -0.6% in January, the largest decline since April 2025.
UK retail sales recorded a seasonally adjusted monthly rate of 1.8% in January, the largest increase since May 2024.