Tuesday, 23 August 2022 brings a stack of preliminary (flash) PMIs from Asia, Europe and the US.
Coming quickly, these from Australia and Japan:
snapshot from the ForexLive financial information calendar, access
instances within the left-most column are GMT.
numbers within the right-most column are the ‘prior’ (earlier
month/quarter because the case could also be) consequence. The quantity within the column
subsequent to that, the place is a quantity, is the consensus median anticipated.
Snippet from SG on the anticipated influence of the German studying:
“In Europe, nationwide surveys have been stronger than the PMI information, which can give some hope for a stronger determine, however in Germany, fuel costs, the water stage within the Rhine and inflation are having a devastating influence on enterprise confidence.”
“A really unhealthy German PMI is perhaps sufficient to cement EUR/USD beneath parity, even when different international locations fare higher.”