1 Jul 2015
Key data ahead in the Euro-area and UK – RBS
FXStreet (Barcelona) - Brian Daingerfield, FX Trading Strategist at RBS, previews the Manufacturing PMI data releases ahead in the Euro-area and UK.
Key Quotes
“In the Euro-area, revisions are due to German and French manufacturing PMIs along with a revision the Euro-area manufacturing index. Initial June estimates showed slight pickups in all three manufacturing indexes, including in France where the manufacturing PMI rose above breakeven 50 in June for the first time since April 2014.”
“In the UK, the June manufacturing PMI is expected to rise modestly as well."
"BoE Governor Carney is also due to present the Bank of England’s Financial Stability Report.”
Key Quotes
“In the Euro-area, revisions are due to German and French manufacturing PMIs along with a revision the Euro-area manufacturing index. Initial June estimates showed slight pickups in all three manufacturing indexes, including in France where the manufacturing PMI rose above breakeven 50 in June for the first time since April 2014.”
“In the UK, the June manufacturing PMI is expected to rise modestly as well."
"BoE Governor Carney is also due to present the Bank of England’s Financial Stability Report.”