In the coming week, we will receive important manufacturing and service PMI data from most countries. The data will start on Sunday when China Logistics will release the manufacturing and services PMI data for China. Analysts expect the manufacturing PMI to climb to 51.0 from the previous 50.8. A private survey by Caixin will be released on Monday but this is expected to show that the PMI declined to 49.6.
Other key PMIs to watch will be from the UK, eurozone, Germany, and the United States.