Danske Bank analysts point out that PMI services from around the world and US ISM non-manufacturing are due out today.
“In particular, the US ISM non-manufacturing index will be interesting given the sharp fall in the ISM manufacturing index, which caused a repricing by the Fed. ISM non-manufacturing has been robust so far but the risk is the manufacturing recession spreads to the service sector. Also look out for the ISM non-manufacturing employment sub-index ahead of US non-farm payrolls tomorrow. We also have a range of FOMC members speaking, where hints of whether the Fed will ease again later this month or not remain key for market sentiment.”
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.