US: Releases Jun Preliminary S&P PMI
The US is releasing its June preliminary S&P PMI data, with consensus expectations of 54.6 for manufacturing, 51.1 for services, and 52.1 for composite.
**Consensus expectations: - - PMI Manufacturing: 54.6e v 55.1 prior - - PMI Services: 51.1e v 50.7 prior - - PMI Composite: 52.1e v 51.5 prior - - **Note: - - Manufacturing PMI has registered 9 months of expansion (last contracted in July 2025) - - Services PMI has registered 2 months of expansion