Euro Area June Flash PMIs in Focus After US-Iran Deal
Euro area June flash PMI data is set for release, with market participants likely having responded after the US-Iran deal. The impact of lower oil prices may not yet be reflected in activity figures.
EURUSD
The euro area releases its June flash purchasing managers' indexes (PMIs) today. The data will offer an early read on business activity for the month.
Most respondents are expected to have answered after the recent US-Iran agreement. However, the effect of lower oil prices stemming from that deal is unlikely to be fully captured in the June activity readings.
Source: FXStreet Forex News