UK Composite PMI Flash for July: 52.7 (Forecast 52.6, Previous 52.3)
- Manufacturing PMI: 51.8 (Forecast 51, Previous 50.9)
- Services PMI: 52.4 (Forecast 52.5, Previous 52.1)
Due to only slightly higher than expected UK reading, a reaction in EURGBP pair is very small.
Source: xStation5
Daily summary: Gold retreats 3% as US dollar rebounds after hawkish Warsh speech in Jackson Hole
🚩 EURUSD loses 0.3%
🗽 Fed chair, Kevin Warsh speech from Jackson Hole
Economic Calendar: All eyes on Kevin Warsh! Will Fed Chair protect his credibility?