Monday brings the latest Purchasing Managers Indices from around the world, so let’s take a closer look.
The schedule starts at half past midnight with the Japanese Preliminary Manufacturing PMI for July. The Index slipped by point 7 points in June as orders, output and employment all grew at a slower rate.
July PMIs from several Euro Zone countries are up next. The French Index is out at 7, the German data follows half an hour later, and the Euro Zone PMIs will be available at 8. Manufacturing PMI grew more than expected in June, boosted by strong French data, while the Services PMI eased.
Coming up next at 12:30 PM GMT is the Canadian Wholesale Trade for May. Sales grew at a steady pace in April, driven by gains in machinery, equipment and supplies.
The preliminary reading of US Markit July PMI follows at quarter to 2. The manufacturing index slipped to a 10-month low in June, but the services index actually grew more than expected.
US Existing Home Sales for June are out at 2. Sales rebounded in June, contrary to expectations of further decline.
And Bank of Japan will release the Minutes of its June meeting at 11:50 in the evening. As the bank’s monetary policy has stood unchanged for more than a year, the minutes provide at least some clues on the possible future course of action.
I’m Jessica Walker and this was the Economic Calendar for Monday, the 24th of July. Check back in for the next overview of news releases for Tuesday. Goodbye.

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