Manufacturing and Services PMIs. Germany, 09:30 (GMT+2)

At 09:30 (GMT+2), Germany will publish August data on business activity indices in the national manufacturing and services sectors. 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. The Manufacturing PMI is likely to fall from 49.1 points to 48.8 points, and the Services PMI — from 50.6 points to 50.5 points, putting pressure on the euro exchange rate.

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