Eurozone Preliminary Manufacturing PMI declines to 46.1 in February vs. 47.0 expected

• Eurozone Manufacturing PMI dropped to 46.1 in February, missing estimates of 47.0
• Bloc’s Services PMI returned to expansion in February at 50.0 vs. 48.8 anticipated.
• EUR/USD stays directed toward 1.0900 after German, Eurozone PMI data.

The Eurozone manufacturing sector activity contracted further but the services sector returned to expansion in February, the latest figures from the HCOB's latest purchasing managers index survey showed Thursday.

more to come ...