Deutsche Bank analysts suggest that we’ve got the global flash August PMIs today, which will give us a fresh opportunity to test the global growth pulse. Key Quotes “We’ve already had the data out in Japan this morning where the composite rose half a point to 51.7, helped by a 1.6pt increase in the services reading to 53.4 while the manufacturing reading remained in contractionary territory at 49.5, albeit up 0.1pt from July.” “We’ll get the data for France, Germany and the Euro Area shortly and the consensus expects the composite reading for the Euro Area to have deteriorated slightly from 51.5 to 51.2, with the manufacturing and services readings expected to print at 46.2 and 53.0, respectively.” “A reminder that the July numbers confirmed a reversal of the improvement seen in June with the composite reading roughly consistent with a low +0.2% qoq rate of growth. This data of course will be the single biggest growth data point ahead of the ECB meeting in 3 weeks’ time.” “We should note that we’ll also get the data in the US where expectations are for a 50.5 manufacturing and 52.8 services print.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Boris braces for Emmanuel “bad cop” Macron Yohay Elam 4 years Deutsche Bank analysts suggest that we've got the global flash August PMIs today, which will give us a fresh opportunity to test the global growth pulse. Key Quotes "We've already had the data out in Japan this morning where the composite rose half a point to 51.7, helped by a 1.6pt increase in the services reading to 53.4 while the manufacturing reading remained in contractionary territory at 49.5, albeit up 0.1pt from July." "We'll get the data for France, Germany and the Euro Area shortly and the consensus expects the composite reading for the Euro Area to have deteriorated slightly… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
