Today's macroeconomic calendar holds several interesting publications and speeches from central bankers, including the Fed, SNB, and ECB.
In the first part of the day, market attention will primarily be focused on the release of PMI reports for services from EU member countries. Then, at 09:00 AM BST, the PMI report for the entire Eurozone will be published. Estimates point to a reading of 52.9 points compared to 51.5 in March. Later in the day, investor attention will shift towards speeches from central bankers, including Barkin and Williams from the Fed, and Lagarde from the ECB.
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08:15 AM BST, Spain - PMI Data for April:
- HCOB Spain Services PMI: forecast 56.0; previous 56.1;
08:45 AM BST, Italy - PMI Data for April:
- HCOB Italy Composite PMI: previous 53.5;
- HCOB Italy Services PMI: forecast 54.7; previous 54.6;
08:50 AM BST, France - PMI Data for April:
- HCOB France Composite PMI: forecast 49.9; previous 48.3;
- HCOB France Services PMI: forecast 50.5; previous 48.3;
08:55 AM BST, Germany - PMI Data for April:
- HCOB Germany Composite PMI: forecast 50.5; previous 47.7;
- HCOB Germany Services PMI: forecast 53.3; previous 50.1;
09:00 AM BST, Euro Zone - PMI Data for April:
- HCOB Eurozone Composite PMI: forecast 51.4; previous 50.3;
- HCOB Eurozone Services PMI: forecast 52.9; previous 51.5;
12:30 PM BST, Germany - German Buba President Nagel Speaks
01:25 PM BST, Switzerland - SNB Board Member Jordan Speaks
05:50 PM BST, United States - FOMC Member Barkin Speaks
06:00 PM BST, United States - FOMC Member Williams Speaks
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