Read more
6:40 AM · 23 June 2023

Economic calendar: It's PMI day!

-
-
Open account Download free app
  • European indices set for lower opening
  • Flash PMIs for June from Europe and the United States
  • GBP ticks higher after retail sales beat

European index futures point to a lower opening of the cash session on the Old Continent today. This comes after a downbeat trading during the Asia-Pacific session that saw regional indices trade up to 2% lower.

Economic calendar for today is packed with releases of flash PMI indices for June. Readings from France and Germany at 8:15 am BST and 8:30 am BST, respectively, will draw the most attention during the European morning trade and are expected to show a slight deterioration in services sector. Overall, PMIs in both Europe and the United States are expected to show manufacturing sector remaining in a contraction zone and services sector remaining in expansion.

UK retail sales data for May was released this morning at 7:00 am BST and turned out to be a positive surprise. Markets expected UK sales to have dropped 0.2% MoM in May while actual data showed a 0.3% MoM increase. On an annual basis, retail sales were 2.1% YoY lower (exp. -2.5% YoY). GBP moved slightly higher following the release but scale of this advance did not exceed 0.1%.

8:00 am BST - Spain, GDP report for Q1 2023 (revision). First release: 0.5% QoQ

8:15 am BST - France, flash PMI indices for June.

  • Manufacturing. Expected: 45.4. Previous: 45.7
  • Services. Expected: 52.0. Previous: 52.5

8:30 am BST - Germany, flash PMI indices for June.

  • Manufacturing. Expected: 43.5. Previous: 43.2
  • Services. Expected: 56.2. Previous: 57.2

9:00 am BST - Euro area, flash PMI indices for June.

  • Manufacturing. Expected: 44.8. Previous: 44.8
  • Services. Expected: 54.5. Previous: 55.1

9:30 am BST - UK, flash PMI indices for June.

  • Manufacturing. Expected: 46.9. Previous: 47.1
  • Services. Expected: 54.7. Previous: 55.2

2:45 pm BST - US, flash PMI indices for June.

  • Manufacturing. Expected: 48.5. Previous: 48.4
  • Services. Expected: 54.0. Previous: 54.9

Central bankers' speeches

  • 10:15 am BST - Fed Bullard
  • 11:00 am BST - ECB De Cos
  • 1:00 pm BST - Fed Bostic
  • 1:40 pm BST - Fed Mester
  • 1:45 pm BST - ECB Panetta
  • 5:00 pm BST - ECB Elderson
  • 6:40 pm BST - Fed Mester
11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report 💡

11 February 2026, 6:33 AM

Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)

10 February 2026, 1:31 PM

BREAKING: US RETAIL SALES BELOW EXPECTATIONS

10 February 2026, 8:50 AM

Economic calendar: Indices and EURUSD await US retail sales report

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits