After a relatively quiet week for scheduled news we might see a bit of volatility today.
Throughout the day the global services, manufacturing and composite PMI numbers are reported.
This is a good indication of the global economy.
A median reading is 50. Above that is seen as positive and below is negative.
The general consensus is for readings of 50+ around the world.
This could be the catalyst required in an otherwise turgid week.
In amongst the data is the Bank of Canadas interest rate decision where a 25 point cut to 4.5% is expected.
Business news centres on competitive mortgage rates as the Nationwide offers the first sub 4% deal on a 5 year fixed term.
EUR: 09:00 Services and Manufacturing PMI
UK: 09:30 Services and Manufacturing PMI
CAN: 14:45 BoC Interest Rate Decision
US: 14:45 Services and Manufacturing PMI
As ever we look forward to keeping you in the loop and look out for our next update.
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