
Morning Juice – Europe Session Prep
Good Morning Traders.
It is Monday the 23rd of June. Here is what to look out for today.
Sentiment
Traders are forecasting a drop in stocks, a jump in crude prices and possibly a strengthening of the dollar as investors head for safety in the wake of the US attack on Iran’s three main nuclear sites.
Currency bets across Europe, Middle East and Africa offer the best hedges against a rebound in the US dollar as investors grow complacent about risks from escalating geopolitical tensions according to
Bank of America.
Docket
03:15 ET
French PMI
Manufacturing – Forecast: 49.8, Prior: 49.8, Range: 50.1 / 49.4
Composite – Forecast: 49.3, Prior: 49.3, Range: 50.0 / 48.0
Services – Forecast: 49.1, Prior: 48.9, Range: 50.1 / 48.3
03:30 ET
German PMI
Manufacturing – Forecast: 49.0, Prior: 48.3, Range: 49.5 / 48.0
Composite – Forecast: 49.1, Prior: 48.5, Range: 49.5 / 48.2
Services – Forecast: 47.9, Prior: 47.1, Range: 48.7 / 46.8
04:00 ET
Eurozone PMI
Manufacturing – Forecast: 49.8, Prior: 49.4, Range: 50.0 / 48.0
Composite – Forecast: 50.5, Prior: 50.2, Range: 51.0 / 49.9
Services – Forecast: 50, Prior: 49.7, Range: 50.8 / 49.4
04:30 ET
UK PMI
Manufacturing – Forecast: 46.9, Prior: 46.4, Range: 47.5 / 45.5
Composite – Forecast: 50.5, Prior: 50.3, Range: 51.0 / 49.9
Services – Forecast: 51.3, Prior: 50.9, Range: 52.0 / 50.6