We have just seen the PMI data readings for the manufacturing sector in selected key European Union countries:
- Spain HCOB Manufacturing PMI Jun: 51.4 (est 50.5; prev 50.5)
- Switzerland Manufacturing PMI Jun: 49.6 (est 44.0; prev 42.1)
- Italy HCOB Manufacturing PMI Jun: 48.4 (est 49.5; prev 49.2)
- France HCOB Manufacturing PMI Jun F: 48.1 (est 47.8; prev 47.8)
- Germany HCOB Manufacturing PMI Jun F: 49.0 (est 49.0; prev 49.0)
- Eurozone HCOB Manufacturing PMI Jun F: 49.5 (est 49.4; prev 49.4)
PMI data does not indicate a single common direction for the industrial sector in terms of data for selected countries for June. Data from France and Spain looks good, but it is softened by a worse reading from Italy and mixed results from Germany.
Source: xStation
US Natural gas extends declines 🔥📉
US OPEN: The wave of AI concerns is building again, oil returns near highs
Macro Calendar - UK Labor Market, ZEW Sentiment, and Wall Street Giants' Reports
Daily Summary: Nasdaq and AI Stocks Rebound Ahead of Big Tech Earnings 🚀