A look at the day ahead in European and global markets from Sonali Desai
of China-made electric vehicles in the second quarter suggests that demand in at least one segment of the economy is alive and well.
The European and UK calendar is dominated by final services and composite PMIs for June, also expected to confirm a slowing in what has been a consumption-led economic recovery. The U.S. is due to release factory orders for May, but the focus will of course be on the minutes of the Federal Reserve's June meeting, which resulted in a pause in tightening while adding two more rate hikes to the outlook.Euro zone, UK final June services and composite PMIs, EZ May producer prices
ECB policymaker and French central bank head Francois Villeroy de Galhau speaks at a financial conference in ParisOur Standards:
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