US S&P Global PMI to Show Steady Business Growth in July
S&P Global will release the July flash Purchasing Managers' Indices on Friday, expected to indicate steady US business growth.
The US S&P Global flash PMI for July is scheduled for release on Friday. The survey, which polls senior private-sector executives, is widely regarded as an early gauge of economic momentum.
Analysts anticipate the data will reflect continued steady business expansion, consistent with the recent trend of moderate growth. The PMI figures cover both manufacturing and services sectors.
No specific forecast has been cited in the source post, but market participants will watch for any divergence from expectations that could influence rate expectations.
Source: FXStreet Forex News