Key economic events ahead – Westpac
|The Westpac Analysts highlight the key event risks due on the cards this Monday, with the Eurozone and US Markit PMIs of relevance.
Key Quotes:
“Eurozone manufacturing and services PMIs (Markit) have diverged recently, manufacturing underperforming. Today we see the flash Sep readings, with EZ manufacturing seen at 47.3, services 53.3. The ECB watches these surveys closely but there will be a little less focus this month given the ECB has just made a major policy decision.
Markit PMIs are also due in the US, with manufacturing and services indexes sitting at multi-year lows, but these are less closely watched than the ISM surveys due around month-end.
There is plenty of Fedspeak: NY Fed president Williams, SF Fed president Daly and St. Louis Fed president Bullard. Williams will be most closely watched.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.