Good Morning Traders! It is the start of a new week for Europe, kicking it off with Mfg PMI for the Euro-Area.
Here is what else to keep in mind.
Sentiment
The second member of Joe Biden's cabinet to visit Beijing in recent weeks will be US Treasury Secretary Janet Yellen from July 6 to 9, as the world's two largest economy attempt to normalise relations following a string of tensions between their two countries.
As the second half began, oil prices barely changed as traders concentrated on issues with demand and a complicated supply forecast.
Overall business confidence in Japan increased, confirming the Bank of Japan's assessment that the country's economy is slowly recovering.
As the second-largest economy in the world battles to regain speed, President Xi Jinping of China has elevated a long-serving technocrat to the position of senior Communist Party official at the central bank, signalling that policymakers will avoid any significant changes for the time being.
Docket
03:50 AM ET
French MFG PMI
Median Forecast 45.5 | Prior 45.5 | Range 45.8/45.5
03:55 AM ET
German Mfg PMI Final
Median Forecast 41 | Prior 41 | Range 41/41
04:00 AM ET
Eurozone Mfg PMI Final
Median Forecast 43.6 | Prior 43.6 | Range 44/43.6
04:30 AM ET
UK Mfg PMI Final
Median Forecast 46.2 | Prior 46.2 | Range 46.5/46.2
Good Luck Today Traders!
