Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Tuesday throws up a full day of data releases, starting with the French manufacturing data at 0745 BST.
Final services PMI data seen in line with flash (from 0815 BST)
Final services PMI data are seen in line with flash estimates, confirming a deceleration into the autumn months, albeit still a relatively elevated levels. The overall eurozone reading is expected to confirm the flash reading at 56.3.
Eurozone PPI seen at fresh all-time highs (1000BST)
Eurozone producer prices Tuesday will likely confirm that factory gate prices continue to push higher, hitting fresh all-time highs. The August year-on-year reading is seen up 13.5%, accelerating from the 12.3% seen in July.
ISM services seen edging lower (1500 BST)
ISM services are seen modestly lower in September, with analysts looking for a dip to 59.8 from 61-7 in August. Prices are seen to edge lower, although the employment index could be modestly higher.
There are few policymakers slated to speak Tuesday, with the highlight likely to be Fed Governor Randy Quarles.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.