Services PMI. EU, 10:00 (GMT+2) 03 Jul

03Jul.202509:00

Services PMI. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), the June EU services PMI is due, based on a survey of purchasing managers of non-manufacturing enterprises, assessing their attitude to the current economic situation and prospects for further development. If it falls from 50.0 points, and the composite value from 50.2 points, this will put pressure on the euro.

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03 Jul. 2025 07:30

Consumer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Switzerland will publish June data on the consumer price index. It is the main indicator of inflation in the country and reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities and health care. If it grows from 0.1% MoM and from –0.1% YoY, this will likely affect the rhetoric of monetary authorities on the issue of adjusting the interest rate.

03 Jul. 2025 08:55

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

At 09:55 (GMT+2), Germany will publish the June PMI in the services sector, based on a survey of purchasing managers of non-manufacturing enterprises, assessing their attitude to the current economic situation and prospects for further development. If it falls from 49.4 points, and the composite value from 50.4 points, this will put pressure on the euro.

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