The U.S. ISM Manufacturing PMI slipped to 50.3 in February from 50.9 in the previous month, compared with the 50.6 consensus.

Turkey's manufacturing sector showed signs of continued struggle in February, reflecting ongoing challenges with new orders, output and employment all hurt by muted market demand, a survey showed on Monday.

China’s manufacturing sector saw a sharp rebound in February, with the Caixin/S&P Global Purchasing Managers’ Index (PMI) rising to 50.8, its highest level in three months. The increase signals that factory activity is accelerating as workers return after the Lunar New Year holiday,

The Institute for Supply Management said output remained fairly steady, but tariffs on raw materials threaten U.S. growth.

U.S. manufacturing was steady in February, but a measure of prices at the factory gate jumped to near a three-year high and it was taking longer for materials to be delivered, suggesting that tariffs on imports could soon hamper production.

Worries about duties on imports dominated commentary from manufacturers in the Institute for Supply Management (ISM) survey on Monday, with most saying the tariffs being pushed by President Donald Trump against trading partners such as Canada,