08:15 AM BST, Spain - PMI Data for October:
- HCOB Spain Manufacturing PMI: actual 54.5; forecast 53.1; previous 53.0;
08:45 AM BST, Italy - PMI Data for October:
- HCOB Italy Manufacturing PMI: actual 46.9; forecast 48.8; previous 48.3;
08:50 AM BST, France - PMI Data for October:
- HCOB France Manufacturing PMI: actual 44.5; forecast 44.5; previous 44.6;
08:55 AM BST, Germany - PMI Data for October:
- HCOB Germany Manufacturing PMI: actual 43.0; forecast 42.6; previous 40.6;
09:00 AM BST, Euro Zone - PMI Data for October:
- HCOB Eurozone Manufacturing PMI: actual 46.0; forecast 45.9; previous 45.0;
PMI reports performed better almost everywhere. The exception is Italy. However, we are still mostly seeing PMI indexes for industry below 50, which means a further contractation in the sector. Only in Spain PMI readings point to expansion.
Generally, PMI publications were received positively although the market reaction is limited, with EURUSD gaining 0.15% today despite the relative weakness of the EUR. The market attention is dominated by a much weaker dollar and the upcoming US elections.
German Ifo stronger than expected but DE40 loses
Swiss SNB and Swedish Riksbank decided on interest rates ๐ณ SEK and CHF react
Norges Bank raises intrest rates
Economic Calendar: Central Bank Decisions and Fed Officialsโ Speeches in Focus