• PMI data from the Eurozone
It’s a busy day ahead on the economic calendar, with service sector PMIs and U.S politics and Brexit in focus. September service sector PMIs for Italy, UK and Spain and retail sales figures for the Eurozone will be the key releases of the European session. Apart from that finalized PMIs for France, Germany, and the Eurozone are also due out. Meanwhile September’s ISM Non-Manufacturing PMI and finalized Markit survey service will be on watch during US trading hours. When it comes to newsflow, traders should look out for updates regarding Presidents Trump health condition. Trump was helicoptered to Walter Reed Hospital for treatment for the coronavirus on Friday, but his doctors say he has responded well and could return to the White House on Monday. Also news from Capitol Hill on the COVID-19 relief Bill and Brexit talks could cause some market movements.
8:45 am BST – Italy Markit Services PMI (SEP). Expected: 46.6 Previous: 47.1
8:50 am BST – France Markit Services PMI (SEP). Expected: 47.5 Previous: 51.5
8:55 am BST – Germany Markit Services PMI (SEP). Expected: 49.1 Previous: 52.5
9:30 am BST – UK Markit Services PMI (SEP). Expected: 55.1 Previous: 58.8
10:00 am BST – Eurozone Retail Sales YoY (AUG). Expected: 2.2% Previous: 0.4%
14:45 am BST –US Markit Services PMI Final (SEP). Expected: 54.6 Previous: 55.0
15:00 am BST –US ISM Non-Manufacturing PMI (SEP). Expected: 56.3 Previous: 56.9
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.
