Germany HCOB Composite PMI above expectations (53.1) in February: Actual (53.2)

Mar 4, 2026

JPY: Risk-off support and policy uncertainty – MUFG

MUFG’s Head of Research Derek Halpenny notes the Japanese Yen (JPY) is starting to benefit as risk aversion rises and the US Dollar still leading G10 performance.

Germany HCOB Composite PMI above expectations (53.1) in February: Actual (53.2)

JPY: Risk-off support and policy uncertainty – MUFG

Germany HCOB Services PMI above forecasts (53.4) in February: Actual (53.5)