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What are the highlights for today?


Today is Flash PMIs Day for Eurozone, UK and US. Market prices may not change much but they will still be market moving spreads. Here are the expectations:

  • Eurozone Manufacturing PMI: 45.3 expected vs 45.2 previously.
  • Eurozone Services PMI: 49.5 expected vs 49.5 previously.
  • UK Manufacturing PMI: 48.2 expected vs 48.0 previously.
  • PMI UK Services: 51.0 expected vs 50.8 previously.
  • US Manufacturing PMI: 49.8 expected vs 49.7 previously.
  • US Services PMI: 55.7 expected vs 56.1 previously.

Central bank speakers:

  • 08:00 GMT – ECB's Lagarde (neutral – voter)
  • 08:45 GMT – ECB's de Guindos (where – voter)
  • 16:30 GMT/11:30 ET – Schnabel at the ECB (neutral – voter)
  • 20:45 GMT/15:45 ET – BoC's Macklem (neutral – voter)

This article was written by Giuseppe Dellamotta at www.forexlive.com.



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