Economic calendar: Final PMIs from Europe, US manufacturing ISM

• European indices set for flat opening

• PMI revisions from Europe, US manufacturing ISM

• Earnings from Caterpillar, AMD and Virgin Galactic, among others

Futures markets point to a flat opening of the European cash session today. This comes after a mixed trading in Asia earlier today and after an upbeat session on Wall Street yesterday. AUD is a mover today after the RBA delivered a dovish surprise and held rates unchanged at a meeting today. Australian dollar is the worst performing G10 currency with AUDUSD dropping below 0.6700 mark and erasing most of yesterday's gains.

Economic calendar for the day ahead is packed with data releases but majority of those will be revisions to July's manufacturing PMI data and therefore are unlikely to have a major impact on the markets. Nevertheless, the manufacturing ISM index for July scheduled for release at 3:00 pm BST may result in some elevated volatility. There is a number of earnings reports from top-tier US companies scheduled for release today, including Caterpillar, AMD and Virgin Galactic

8:00 am BST - Poland, manufacturing PMI for July. Expected: 44.5. Previous: 45.1

8:15 am BST - Spain, manufacturing PMI for July. Expected: 48.2. Previous: 48.0

8:45 am BST - Italy, manufacturing PMI for July. Expected: 44.3. Previous: 43.8

8:50 am BST - France, manufacturing PMI for July (final). First release: 44.5

8:55 am BST - Germany, manufacturing PMI for July (final). First release: 38.8

8:55 am BST - Germany, unemployment rate for July. Expected: 5.7%. Previous: 5.7%

9:00 am BST - Euro area, manufacturing PMI for July (final). First release: 42.7

9:00 am BST - Euro area, unemployment rate for June. Expected: 6.5%. Previous: 6.5%

9:30 am BST - UK, manufacturing PMI for July (final). First release: 45.0

2:45 pm BST - US, manufacturing PMI for July (final). First release: 49.0

3:00 pm BST - US, manufacturing ISM for July. Expected: 46.8. Previous: 46.0

3:00 pm BST - US, JOLTS Job Openings for June. Expected: 9.61 million. Previous: 9.824 million

3:00 pm BST - US, construction spending for June. Expected: 0.6% MoM. Previous: 0.9% MoM

9:40 pm BST - API report on US oil inventories

Central bankers' speeches

• 3:00 pm BST - Fed Goolsbee

Top Wall Street earnings reports

• Advanced Micro Devices (AMD.US) - after market close

• Caterpillar (CAT.US) - before market open

• Electronic Arts (EA.US) - after market close

• Marathon Petroleum (MPC.US) - before market open

• Merk & Co (MRK.US) - before market open

• MicroStrategy (MSTR.US) - after market close

• Pfizer (PFE.US) - before market open

• Starbucks (SBUX.US) after market close

• Uber Technologies (UBER.US) - before market open

• Virgin Galactic (SPCE.US) - after market close