Today’s macroeconomic calendar includes several interesting releases. In the first part of the day, we will receive PMI reports from European countries, including Spain, Italy, France, Germany, and finally the euro area.
Attention will then shift across the Atlantic, where the ADP labor market report will be released. Expectations point to a slight increase in private sector employment to 98k versus 62k in March. The publication of the report will serve as an indicator ahead of Friday’s NFP release by the BLS.
Morning wrap (06.05.2026)
Economic calendar: US Services ISM and JOLTS report in focus
๐ถEurozone Industry: A Fragile Recovery Masking Stagflationary Risks
Economic Calendar: PMI data in the spotlight; this weekโs corporate calendar โฌ๏ธ
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