Today is the Flash
PMIs Day for the Eurozone, the UK and the US. These are generally market moving
releases as they can influence the markets expectations for interest rates.
US PMIs will get special attention as they triggered the growth scare last
month.
Here are the forecasts:
- Eurozone Manufacturing PMI: 48.2 expected vs. 47.6
prior. - Eurozone Services PMI: 51.0 expected vs. 50.6
prior. - UK Manufacturing PMI: 46.4 expected vs. 46.9
prior. - UK Services PMI: 50.9 expected vs. 51.0 prior.
- US Manufacturing PMI: 51.8 expected vs. 52.7
prior. - US Services PMI: 50.8 expected vs. 51.0 prior.
Central bank speakers:
- 17:45 GMT/13:45 ET – Fed’s Bostic (neutral – non voter)
- 18:00 GMT/14:00 ET – BoE’s Bailey (neutral – voter)
- 19:10 GMT/15:10 ET – Fed’s Barr (neutral – voter)
This article was written by Giuseppe Dellamotta at www.forexlive.com.
