Eurozone business activity grew the most in nine months in February, thanks to the improvement in the services activity and the return of manufacturing output to the growth territory amid fading supply-side problems, the purchasing managers' survey by S&P Global showed Tuesday.
The flash composite output index rose more-than-expected to 52.3 in February from 50.3 in the previous month. The expected reading was 50.6.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.