Economic calendar: PMIs in the spotlight

7:36 AM 21 August 2020
  • Preliminary PMI indices for August from Europe and the United States

  • Polish retail sales seen lower in August

  • Foot Locker (FL.US) to report earnings ahead of Wall Street session launch

European stock indices are seen opening higher after Pfizer's coronavirus vaccine announcement created a bullish bias in the markets. Pfizer said that it will seek regulatory review for its product in October. However, preliminary PMI indices for August will be released shortly after the beginning of the European session and may have significant impact on the moods. US PMIs at 2:45 pm BST will be a key point of the US session.

8:15 am BST - France, PMI indices for August (flash)

  • Manufacturing. Expected: 53.7. Previous: 52.4

  • Services. Expected: 56.3. Previous: 57.3

8:30 am BST - Germany, PMI indices for August (flash)

  • Manufacturing. Expected: 52.5. Previous: 51.0

  • Services. Expected: 55.1. Previous: 55.6

9:00 am BST - Euro area, PMI indices for August (flash)

  • Manufacturing. Expected: 52.9. Previous: 51.8

  • Services. Expected: 54.5. Previous: 54.7

9:00 am BST - Poland, retail sales for July. Expected: -0.4% YoY. Previous: -1.9% YoY

9:30 am BST - UK, PMI indices for August (flash).

  • Manufacturing. Expected: 53.8. Previous: 53.3

  • Services. Expected: 57.0. Previous: 56.5

1:30 pm BST - Canada, retail sales for June. Expected: 24.5% MoM. Previous: 18.7% MoM

2:45 pm BST - US, PMI indices for August (flash)

  • Manufacturing. Expected: 51.9. Previous: 50.9

  • Services. Expected: 51.0. Previous: 50.0

3:00 pm BST - US, existing home sales for July. Expected: 14.7% MoM. Previous: 20.7% MoM

Noteworthy US earnings

  • Foot Locker (FL.US) - before market open

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