The main events of the day

On Tuesday, October 24, the day is full of data on business activity in the euro area and the US.

At 10:30 – The release of data on business activity in Germany:
– Index of business activity in the manufacturing sector (PMI) of Germany, the forecast is 60.2, the previous value is 60.6.
– The index of business activity in the German services sector, the forecast is 55.6, the previous value is 55.6.

At 11:00 – The release of data on the euro area:
– The index of business activity in the manufacturing sector (PMI) of the eurozone, the forecast is 57.8, the previous value is 58.1.
– Composite index of business activity (PMI) by Markit in the euro area, the forecast is 56.5, the previous value is 56.7.

At 12:00 – Publication of the index of business activity in the services sector in the euro area, the forecast is 55.6, the previous value is 55.8.

At 16:45 – The release of a news block on business activity in the US:
– The index of business activity in the manufacturing sector (PMI) in the US, the forecast is 53.5, the previous value is 53.1.
– Composite index of business activity (PMI) in the USA from Markit, the previous value is 54.8.
– The index of business activity (PMI) in the US services sector, the forecast is  55.6, the previous value is 55.3.

At 23:30 – Publication of weekly stocks of crude oil in the US according to the American Petroleum Institute (API), the previous value is -7,130M.

Hanzenko Anton