Economic calendar📌 EURUSD awaits US ISM Services reading

Today’s trading session is unusual because European markets are closed for Easter Monday, allowing investors to focus entirely on the US market. The main macro event of the day is the release of the US ISM Services reading for March. This comes after last week’s weaker-than-expected final US services PMI, which pointed to softer momentum in the sector. February’s ISM print was the strongest since 2022, which means the benchmark may struggle to exceed the previous reading, especially against the backdrop of the Middle East conflict and rising energy prices.

Economic calendar

3 PM GMT, US ISM Services, March: expected at 54.9 vs. 56.1 previously
Prices Index: expected at 67 vs. 63 previously
New Orders: expected at 56.8 vs. 58.6 previously
Employment: expected at 51.0 vs. 51.6 previously
6 PM GMT, Donald Trump speech related to the war in Iran

A meaningful increase in the prices sub-index should be expected. The larger the gap between that component and indicators such as new orders or labor market conditions, the more credible the risk of a stagflationary backdrop in the economy becomes. Higher fuel prices mean lower disposable income for millions of households, a dynamic that has historically often coincided with market corrections or bear markets.

Importantly, the prices sub-index does not affect the composite ISM headline directly, which may increase the likelihood of a more pronounced correction in the overall index. At the same time, a sharp downside surprise does not appear particularly likely after stronger-than-expected regional releases from the Dallas Fed, Philly Fed, Empire State, Richmond Fed, and Kansas City Fed, all of which came in above expectations. The prices index could rise to levels not seen since 2022.

EUR/USD (D1 timeframe)

A strong ISM reading combined with a sharp rise in the prices index could weigh materially on EUR/USD and potentially trigger a bearish impulse in the pair. It is worth stressing that the US economy is significantly more resilient to an energy shock than Europe and is less exposed to fuel supply disruptions. On the other hand, weakness across the main ISM benchmarks, excluding prices, could point to a continuation of consolidation within the 1.15 - 1.16 range.

Source: xStation5

8 October 2026, 7:55 AM

Chart of the Day 📉 DE40 Falls 0.7% and Tests Key Support Amid Weak European Market Sentiment (October 8, 2026)

8 October 2026, 7:40 AM

Economic Calendar: U.S. Jobless Claims and ECB Meeting Minutes in Focus (08.10.2026)

8 October 2026, 6:50 AM

Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%

7 October 2026, 7:20 PM

Daily summary: Wall Street recovers losses despite a surge in yields 🗽 Gold and silver retreat

Forex Economic reports

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days