Economic calendar: ISM data in spotlight

ISM manufacturing seen higher in July
Final manufacturing PMIs from Europe and the United States
Focus on stimulus talks and US-China tensions

Moods on the global markets are mixed at the beginning of a new week. Equities struggle to find common direction during the Asian session. However, some weakness can be spotted as we move closer to the European cash session. Calendar is dominated by revisions to July's PMIs today but investors will also be offered US ISM manufacturing print for July. Apart from that, traders should look out for hints on US stimulus bill discussions, UK-US trade talks as well as White House actions on Chinese tech sector.

8:50 am BST - France, manufacturing PMI for July (final). Expected: 52.6. Previous: 52.3

8:55 am BST - Germany, manufacturing PMI for July (final). Expected: 50. Previous: 45.2

9:00 am BST - Euro area, manufacturing PMI for July (final). Expected: 51.1. Previous: 47.4 pts

9:30 am BST - UK, manufacturing PMI for July (final). Expected: 53.6. Previous: 50.1

2:45 pm BST - US, manufacturing PMI for July (final). Expected: 51.3. Previous: 49.8

3:00 pm BST - US, ISM manufacturing for July. Expected: 53.4. Previous: 52.6

Noteworthy US earnings releases

Marathon Petroleum (MPC.US) - before market open
Take-Two Interactive Software (TTWO.US) - after market close
Clorox Company (CLX.US) - before market open
Tyson Foods (TSN.US) - before market open

7 May 2026, 9:45 AM

NOK surges following Norges Bank's rate hike

7 May 2026, 7:21 AM

Economic Calendar: Markets Focused on German Data and Central Bank Speakers

7 May 2026, 7:05 AM

BREAKING: Strong data from the German manufacturing sector!

6 May 2026, 7:04 PM

Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD

Economic reports

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