-
PMIs from US, UK and EU for July
-
American Express and Verizon to report earnings
Risk-off moods can be spotted on the global financial markets with safe haven currencies gaining and stocks pulling back. China-US tensions are the primary reason behind increased risk aversion. However, markets are likely to move on data releases today as well as PMIs from Europe and the United States will be released. Apart from that, Verizon and American Express will report Q2 earnings
Data releases scheduled for today
8:15 am BST - France, PMI indices for July (flash).
-
Manufacturing. Expected: 53.2 pts. Previous: 52.3 pts
-
Services. Expected: 52.3 pts. Previous: 50.7 pts
8:30 am BST - Germany, PMI indices for July (flash).
-
Manufacturing. Expected: 48 pts. Previous: 45.2 pts
-
Services. Expected: 50.5 pts. Previous: 47.3 pts
9:00 am BST - Euro area, PMI indices for July (flash).
-
Manufacturing. Expected: 50 pts. Previous: 47.4 pts
-
Services. Expected: 51 pts. Previous: 48.3 pts
9:30 am BST - UK, PMI indices for July (flash).
-
Manufacturing. Expected: 52 pts. Previous: 50.1 pts
-
Services. Expected: 51.5 pts. Previous: 47.1 pts
2:45 pm BST - US, PMI indices for July (flash).
-
Manufacturing. Expected: 51.5 pts
-
Services. Expected: 51 pts. Previous: 47.9 pts
6:00 pm BST - US, oil rig count. Previous: 180
Noteworthy US earnings releases
-
American Express (AXP.US) - before market open
-
Schlumberger (SLB.US) - before market open
-
Verizon Communications (VZ.US) - before market open
Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
ECB Holds Rates Unchanged💶 EURUSD down 📉
There is no good scenario for the euro today
Economic Calendar: ECB Decision, PCE Inflation, and Amazon Earnings in the Spotlight 🚨