Economic calendar: Focus on FOMC minutes and ADP report

ADP report on US employment
FOMC minutes
Final manufacturing PMI releases for June

European stock markets are seen opening slightly below yesterday's close. A number of final manufacturing PMI releases for June have been scheduled for today. However, those rarely have an impact on the markets. ADP employment report scheduled for 1:15 pm BST is the most important reading today as it will show whether jobs are returning. FOMC minutes will be released in the evening and the market's focus will be on yield curve control discussions.

8:55 am BST - Germany, manufacturing PMI for June (final). First release: 44.6 pts

9:00 am BST - Euro area, manufacturing PMI for June (final). First release: 46.9 pts

9:30 am BST - UK, manufacturing PMI for June (final). First release: 50.1 pts

1:15 pm BST - US, ADP report on employment change. Expected: +3,000k. Previous: -2,760k

2:45 pm BST - US, manufacturing PMI for June (final). First release: 49.6 pts

3:00 pm BST - US, ISM manufacturing for June. Expected: 49.5 pts. Previous: 43.1 pts

3:30 pm BST - DOE report on change in inventories.

Oil inventories. Expected: -0.95 mb
Gasoline inventories. Expected: -1.65 mb
Distillate inventories. Expected: -0.2 mb

7:00 pm BST - FOMC minutes

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economic reports

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Economic calendar: Focus on FOMC minutes and ADP report

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