Euro-zone PMI manufacturing for the month of August slowed to
55.0 from 56.7 the month prior amid economists' expectations of
56.1, while the services index cooled to 55.6 from 55.8 in July,
Markit Economics said today.
The euro touched 1.2964 on some short-covering and and the Greek upgrade.
I don’t like picking bottoms and catching fallin
After yesterday’s action with the RBNZ we have some lower tier data from New Zealand today.
Fire up the 18 wheeler …
Due at 2200GMT is ANZ Truckometer for August, prior was +2.6%
At 2245GMT, August Electronic Card
The S&P 500 gained 3.15% in August after a shaky start that saw the index decline as much as 1.3%.
It’s the best month
The euro had company in the dog house as the pound matched its decline in August.
FX returns vs USD in August
Given the data this week the market seems to be looking for the ECB to take a step closer to QE.
Fasten your seat belts … its Truckometer day!
New Zealand ANZ Truckometer for July, prior was -0.8%.
Yes, the Truckometer,
Economic data due from China today, coming up at 0145GMT:
On the weekend we got
And last week we got:
Happy RBA day!
At 0430GMT we get the announcement from the board meeting.