Analysts at Danske Bank enlist the key economic events slated for release in the session ahead.
Key Quotes:
“A relatively light data calendar today with the US markets closed for Independence Day.
In the UK, PMI services will attract some attention, as it will be interesting to see whether it is going to rebound or not (consensus is for a stable reading). In our view, the Bank of England needs to see a rebound in growth to be able to hike the Bank Rate in August.
Final PMIs are also being released for a range of euro area countries. After German and French service PMIs registered a small rebound in June, it will be interesting to see whether a similar trend can be observed in Italy and Spain.”
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