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The Week Ahead – FOMC, ECB, BOJ, BI Policy Meetings. Flash PMIs, German, Australia, Tokyo and Singapore CPI

Nomura – The Week Ahead

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The Eurozone's PMIs Are in an Awful Place Right Now

Eurodollar actually fell around three-quarters of a percent on that result of the June flash PMIs result. But then it climbed back and the two days up followed. I do wonder, because euro area data surprises, they're in an awful place right now. They are at the lows, comparable to that of what we saw after the Lehman Brothers situation.

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