Economic calendar: Services survey data from the United States

European indices set for lower opening
US services ISM index for August
German factory orders drop 1.1% MoM in August

In spite of a rather positive Asian session, futures markets point to a slightly lower opening of the European cash session today. Oil holds onto yesterday's gains while precious metals benefit from weaker USD. AUD weakens despite a 50 basis point rate hike delivered by RBA. Cryptocurrencies gain with Ethereum trading 4% higher.

Economic calendar for the day ahead is light. The only noteworthy release from Europe - German factory orders for July - was already released at 7:00 pm BST and showed a disappointing 1.1% MoM drop (exp. -0.3% MoM). Things get a bit more interesting in the afternoon with the release of US services PMI and ISM non-manufacturing indices for August. However, the former will be a revision and may not have much of an impact on the markets. A regular, weekly API report on oil inventories will be released on Wednesday this week due to the US holiday observed yesterday.

2:45 pm BST - US, services PMI for August. First release: 44.1

3:00 pm BST - US, ISM non-manufacturing index for August. Expected: 55.1. Previous: 56.7

Overnight session

2:30 am BST - Australia, GDP report for Q2 (first release)

13 August 2026, 1:40 PM

BREAKING: Another round of inflation figures from the US – what did they reveal?

13 August 2026, 10:49 AM

Oil declines under the weight of inventories

13 August 2026, 7:57 AM

Economic Calendar: US PPI, jobless claims and Fed speeches to bring more insight after uneventful CPI (13.08.2026)

12 August 2026, 7:02 PM

Daily Summary: Wall Street Gains After CPI Data 📈 Gold and EURUSD Move Lower

Economic reports

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