- European indices set to open little changed
- Flash PMIs from Europe and the United States
- ECB minutes, US jobless claims data
European index futures point to a more or less flat opening of the cash session on the Old Continent. This comes after an upbeat trading on Wall Street yesterday and a rather upbeat Asia-Pacific session earlier today. Markets continue to be influenced by yesterday's dovish FOMC meetings amid otherwise light newsflow.
Economic calendar for the day ahead is packed with flash PMI releases for August. As usual, attention in Europe will be mostly on French and German releases. However, no major deviations from July readings is expected, with manufacturing sector in Europe expected to stay in recession territory, while services sector is expected to remain in expansion territory. US PMI data is expected to show both sectors remaining in expansion. Apart from PMIs, traders will also be offered ECB minutes and US jobless claims data today.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app8:15 am BST - France, flash PMI indices for August.
- Manufacturing. Expected: 44.4. Previous: 44.0
- Services. Expected: 50.3. Previous: 50.1
8:30 am BST - Germany, flash PMI indices for August.
- Manufacturing. Expected: 43.5. Previous: 43.2
- Services. Expected: 52.3. Previous: 52.5
9:00 am BST - Euro area, flash PMI indices for August.
- Manufacturing. Expected: 45.8. Previous: 45.8
- Services. Expected: 51.9. Previous: 51.9
9:00 am BST - Poland, retail sales for July. Expected: 6.3% YoY. Previous: 4.7% YoY
9:30 am BST - UK, flash PMI indices for August.
- Manufacturing. Expected: 52.1. Previous: 52.1
- Services. Expected: 52.8. Previous: 52.8
12:30 pm BST - ECB minutes
1:30 pm BST - US, initial jobless claims. Expected: 230k. Previous: 227k
2:45 pm BST - US, flash PMI indices for August.
- Manufacturing. Expected: 49.6. Previous: 49.6
- Services. Expected: 54.0. Previous: 55.0
3:00 pm BST - US, existing home sales for July. Expected: 3.92 million. Previous: 3.89 million
3:30 pm BST - EIA natural gas storage. Expected: +22 bcf. Previous: -6 bcf
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
