US S&P Global July PMIs Due Friday As Markets Watch Inflation Signals
2026-07-24 14:03:37
S&P Global will release July flash US Purchasing Managers’ Indices on Friday, with Services PMI seen easing to 51.0 from 51.2 and Manufacturing PMI rising to 54.5 from 53.9. The readings are expected to stay above 50, signaling expansion, according to BeInCrypto, while traders will also watch employment and input inflation details for their impact on the USD and EUR/USD. TD Securities said manufacturing should rebound to 54.5 and services to 51.5; Rabobank said the survey may understate the Middle East and oil-price shock.
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