Today’s macroeconomic calendar includes several interesting releases. In the first part of the day, we will receive PMI reports from European countries, including Spain, Italy, France, Germany, and finally the euro area.
Attention will then shift across the Atlantic, where the ADP labor market report will be released. Expectations point to a slight increase in private sector employment to 98k versus 62k in March. The publication of the report will serve as an indicator ahead of Friday’s NFP release by the BLS.

Three markets to watch next week (23.10.2026)
Daily Summary: Oil at five-month highs, indices under pressure (23.10.2026)
US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)
BREAKING: France slows down, Germany holds on. Euro falls below 1.12