Sweden: Manufacturing PMI likely to ease to 56.5 - TDS

Analysts at TDS are looking for the Feb manufacturing PMI of Sweden to ease from 57.0 to 56.5, quite the downside risk compared with mkt 58.0.

Key Quotes

“While the stable reading for manufacturing confidence earlier this week will help to temper the losses, it's difficult to see too much strength in the Swedish PMI this month given the weakness in other European survey data. Also, Riksbank Governor Ingves Speaks at a breakfast in Lulea at 7am.”

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