Ifo February business climate index 111.2, better than expected

Written by Gerry Davies
February 21, 2011 at 09:03 GMT 

Median forecast 110.3. EUR/USD back above 1.3700, presently at 1.3705.

Euro zone February manufacturing PMI 59.0

Written by Gerry Davies
February 21, 2011 at 09:00 GMT 

Up from 57.3 in January, much better than median forecast of 57.3.

Services PMI 57.2, up from 55.9 in January, better than median forecast of 56.0.