- Markets in Europe are expected to open at a similar level
- Service sector PMI data from Europe
- Ivey PMI from Canada
Today's macro calendar is somewhat empty in terms of key macro data. Today, investors will learn the final service PMI figures for European countries, including France, Italy, Germany, and the Eurozone. Expectations suggest readings lower than the previous month, confirming a weakening in the service sector. Later, investors will get the Ivey PMI data from Canada. The main index is expected to come in at 54 points, which is both a high result and higher than the previous month's level of 53.1.
The calendar for the entire week looks similar, with the most important events likely being speeches from central bankers and FOMC members. Comments may provide perspective on the last months of this year. Markets will certainly also look for clues regarding potential interest rate cuts in 2024.
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Create account Try a demo Download mobile app Download mobile appDetailed agenda for the day:
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9:15, Spain - Service PMI: expectations 49.3; previously 50.5
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9:45, Italy - Service PMI: expectations 48.6; previously 49.9
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9:50, France - Service PMI: expectations 46.1; previously 44.4
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9:55, Germany - Service PMI: expectations 48.0; previously 50.3
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10:00, Eurozone- Service PMI: expectations 47.8; previously 48.7
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16:00, Canada - Ivey PMI; expectations 54.0; previously 53.1
Bankers' Speeches:
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17:00, USA - FOMC member, Cook
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19:00, Germany - Bundesbank President, Nagel
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