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The Purchasing Managers Index in Singapore decreased to 50.7, a decline from 50.9.

Singapore PMI fell to 50.7, EUR/USD rose above 1.0450, GBP/USD surpassed 1.2650, and gold rebounded.

Spain’s manufacturing PMI fell to 49.7, signalling a decline in orders and employment challenges.

Spain’s February manufacturing PMI fell to 49.7, signaling contraction with declining orders, job losses, and cautious optimism.

The S&P Global Manufacturing PMI for Brazil rose to 53, increasing from 50.7 previously.

Brazil’s manufacturing PMI rose to 53 in February, indicating expansion and positive economic activity in the sector.

European stocks rise at the week’s onset, encouraged by Wall Street’s recent performance and optimism.

European equities gained as major indices rose, following Wall Street’s lead, though uncertainty over tariffs remains.

Following the Lunar New Year, China’s PMIs improved, yet looming tariffs offered minimal comfort, UOB Group noted.

China’s PMIs rose in February, but small firms struggled. Trade tensions and policy measures remain key concerns.

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