Services PMI. UK, 10:30 (GMT+2) 03 Jul

03Jul.202409:30

Services PMI. UK, 10:30 (GMT+2)

At 10:30 (GMT+2), the UK Services PMI for June is due. The indicator is based on a survey of purchasing managers of non-manufacturing enterprises in the country, and the respondents’ attitude to the current economic situation is assessed. It may fall from 52.9 points to 51.2 points, and the composite value may fall from 53.0 points to 51.7 points.

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03 Jul. 2024 08:55

Services PMI. Germany, 09:55 (GMT+2)

At 09:55 (GMT+2), the June service PMI in Germany is due. The indicator is based on a survey of purchasing managers of non-manufacturing enterprises, assessing their attitude to the current economic situation and prospects for its further development. It may fall from 54.2 points to 53.5 points, and the composite value may fall from 52.4 points to 50.6 points, putting pressure on the euro.

03 Jul. 2024 10:00

Producer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the May data on the EU producer price index is due. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products, and finished goods are taken into account). The increase in prices for producers contributes to the growth of consumer inflation in the region. It may change from –1.0% to –0.1%, supporting the euro.

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