What are the main events for today?

Today it’s the Flash PMIs Day for the Eurozone, the UK and the US. These are generally
market moving releases and they might influence the markets expectations for
interest rates. We will also get the Canadian Retail Sales data in the American session and the final UMich Consumer Sentiment report.

Here are the forecasts:

• France Manufacturing PMI: 45.5 expected vs. 45.0 prior.
• France Services PMI: 48.9 expected vs. 48.2 prior.
• Germany Manufacturing PMI: 45.5 expected vs. 45.0 prior.
• Germany Services PMI: 52.5 expected vs. 52.5 prior.
• Eurozone Manufacturing PMI: 47.0 expected vs. 46.6
  prior.
• Eurozone Services PMI: 51.5 expected vs. 51.3
  prior.
• UK Manufacturing PMI: 48.4 expected vs. 48.3
  prior.
• UK Services PMI: 50.8 expected vs. 50.8 prior.
• US Manufacturing PMI: 51.5 expected vs. 51.2
  prior.
• US Services PMI: 53.0 expected vs. 52.9 prior.

Central bank speakers:

• 14:30 GMT/09:30 ET – ECB’s Lane (dove – voter)
• 16:30 GMT/11:30 ET – Fed’s Daly (neutral – non voter)
• 16:30 GMT/11:30 ET – Fed’s Jefferson (neutral – voter)
• 17:45 GMT/12:45 ET – BoC’s Macklem (neutral – voter)

This article was written by Giuseppe Dellamotta at www.forexlive.com.