08:15 AM BST, France - PMI Data for May:
- French HCOB Manufacturing PMI May P: 46.7 (est 45.9; prev 45.3)
- HCOB Services PMI May P: 49.4 (est 51.7; prev 51.3)
- HCOB Composite PMI May P: 49.1 (est 51.0; prev 50.5)
08:30 AM BST, Germany - PMI Data for May:
- German HCOB Manufacturing PMI May P: 45.4 (est 43.5; prev 42.5)
- HCOB Services PMI May P: 53.9 (est 53.5; prev 53.2)
- HCOB Composite PMI May P: 52.2 (est 51.0; prev 50.6)
The euro erased declines after a worse service data reading from France and is now breaking out above levels seen before 08:00 am BST.

BREAKING: Eurozone recovery? Positive PMI data tempered by high oil and gas prices
Economic Calendar: Big Tech, Tensions Over Iran, and the ECB’s Decision ⏰
Daily Summary: Wall Street Stabilizes Despite Higher Oil Prices
Economic Calendar: Time for Tesla and Google Earnings (22.07.2026)