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Investors' focus on Services PMIs and GDP figures from Eurozone
The financial markets head into a quiet trading week which marks the end of the month. Economic data is relatively sparse as a result.
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From the Eurozone, the flash manufacturing and services PMI for the month of August will be released by IHS Markit.
In the U.S. the second revised GDP for the second quarter will stand out this week amid lack of any other economic events.
Canada will also be reporting on its monthly GDP figures this week ahead.
The flash manufacturing and services PMI figures for the U.S. are due to come out later in the week.
Flash services and manufacturing PMI – Eurozone
Economic data from the Eurozone for the week ahead will see the release of the preliminary economic indicators for the month of August.
The economic calendar will see the release of the flash services and manufacturing PMI figures.
According to the economists polled, the Eurozone services and manufacturing activity is expected to continue at the current levels of expansions.
The second quarter data showed that activity gained momentum in Germany, Europe’s largest economy.
France will be reporting on the second revised GDP estimates for the second quarter while the Ifo institute will be releasing the business conditions index for the month ahead.
The Eurozone trade balance figures are also due this week and it is estimated to show narrowing of deficit.
