Economic calendar: ISM release in the spotlight

January’s ISM release is a highlight of the day
Final PMIs from Europe and US
Alphabet (GOOGL.US) to release earnings after market closes

8:55 am GMT - Germany, manufacturing PMI for January (final). Expected: 45.2 pts

9:00 am GMT - Euro area, manufacturing PMI for January (final). Expected: 47.8 pts

9:30 am GMT - UK, manufacturing PMI for January (final). Expected: 49.8 pts

2:45 pm GMT - US, manufacturing PMI for January (final). Expected: 51.7 pts

3:00 pm GMT - US, construction spending for December. Expected: 0.5% MoM. Previous: 0.6% MoM

3:00 pm GMT - US, ISM manufacturing for January. Flash PMI release for January showed deterioration in the outlook for the US manufacturing sector. However, ISM is a more closely watched measure when it comes to the United States and it sits within the contraction territory. The index is expected to remain there in January but should jump from 47.2 to 48.5 pts.

Asian session

9:45 pm GMT - New Zealand, building permits for December
3:30 am GMT (Tuesday) - RBA rate decision

Central bankers’ speeches

9:15 am GMT - ECB’s Guindos
6:00 pm GMT - ECB President Lagarde
9:00 pm GMT - Fed’s Bostic

Major earnings releases

Alphabet (GOOGL.US)

7 May 2026, 07:21

Economic Calendar: Markets Focused on German Data and Central Bank Speakers

7 May 2026, 07:05

BREAKING: Strong data from the German manufacturing sector!

6 May 2026, 19:04

Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD

6 May 2026, 07:10

Economic calendar: ADP report and PMI data from Europe 🔎

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