Today's Key Economic Calendar: Global Services PMIs and U.S. Jobs Data
AI Market Summary
A dense slate of macro catalysts (global services PMIs, Eurozone PPI, US ADP/ISM, and multiple Fed speeches) raises near-term event risk and can reprice rate expectations. The US data and Fed commentary are especially consequential for the USD via shifts in growth and inflation momentum, which can quickly transmit into cross-asset volatility. Energy traders also focus on API/EIA inventory prints for near-term supply-demand signals.
Impact level
● Medium
Affected assets
NCSIDXY2USD/USDT-0.07%
AI Insight · NCSIDXY2USD/USDTAI Insight
● Neutral
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ChainCatcher, citing Jin10, highlights the day's major economic releases and scheduled events:
04:30 (U.S.) API weekly crude oil inventories (week ended July 31)
08:15 Fed Chair Schmid delivers a speech
09:45 (China) RatingDog services PMI for July
14:45 (France) June monthly industrial production
15:50 (France) July final services PMI
15:55 (Germany) July final services PMI
16:00 (Eurozone) July final services PMI
16:30 (UK) July final services PMI
17:00 (Eurozone) June monthly PPI
20:15 (U.S.) ADP employment change for July
21:45 (U.S.) July final S&P Global services PMI
22:00 (U.S.) ISM nonmanufacturing PMI for July
22:30 (U.S.) EIA weekly crude oil inventories (week ended July 31)
22:30 (U.S.) EIA Cushing crude oil inventories (week ended July 31)
22:30 (U.S.) EIA Strategic Petroleum Reserve inventories (week ended July 31)
04:05 next day Fed Governor Cook speaks on the economic outlook