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FX.co ★ European Economic News Preview: Eurozone Final PMI Data Due

European Economic News Preview: Eurozone Final PMI Data Due

On Thursday, the primary focus in economic news will be the release of the final Purchasing Managers' survey results from the Eurozone and the United Kingdom.

At 3:15 AM ET, we anticipate the publication of Spain's services PMI survey data. Economists predict a decline in the index to 54.0 for September, down from 54.6 in August.

Following at 3:45 AM ET, S&P Global will present Italy's services PMI survey outcomes, with expectations for the index to decrease slightly to 51.2 in September from 51.4 the previous month.

Next, at 3:50 AM ET, the final composite PMI survey data for France will be released, projecting a decline to 47.4 in September from 53.1 in August.

At 3:55 AM ET, S&P Global is scheduled to release Germany's final PMI results. As initially projected, the index is anticipated to fall to 47.2 in September from 48.4 in August.

At 4:00 AM ET, the Eurozone's final PMI survey results will be announced, with the composite figure expected to drop to 48.9 in September from 51.0 the prior month.

Later, at 4:30 AM ET, S&P Global will issue the UK’s final services PMI data. The preliminary estimate indicated a decrease in the services PMI to 52.8 in September from 53.7 in the preceding month.

Finally, at 5:00 AM ET, Eurostat is set to release the Eurozone's producer prices for August. Analysts anticipate a year-over-year decline of 2.4 percent in producer prices, a more significant drop than the 2.1 percent seen in July.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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