
July data on Manufacturing PMI in Germany will be published at 09:55 (GMT+2). The indicator is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries, while assessing their attitude to the current economic situation and the prospects for its further development. It is expected that in July the index will drop from 40.6 points to 38.8 points. If the forecast proves right, the euro may fall under pressure.

