8:00 - Germany PPI for October:
- YoY: -1.8%, Expected: -1,9%, Previous 1.7%
- MoM: 0.1%, Expected: 0,0%, Previous -0,1%
Improving monthly dynamic shows very minor improvement in business sentiment, that proved to exceed market expectations.
However, still, yearly dynamic is negative and maintains long-term decline trend.
Daily Summary: Markets take a breather (03.06.2026)
BREAKING: ISM Non-Manufacturing PMI above expectations
BREAKING: ADP above expectations! 📈
Economic calendar: PMI reports and the US labor market in the spotlight 🔎