A bit worse than expected and hardly surprising following the weaker German release earlier

EUR/USD’s slipping again on this to 1.3225

Feb Flash services PMI 49.4 from 50.4 in Jan – expected 50.6

Feb Flash New orders PMI Index 47.1 from 46.5 in Jan

Mfg PMI 49.0 from 48.8 in Jan (ex 49.5)