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Breakfast Bites - Flash PMIs
Ayesha Tariq
September 23, 2024
Rise and shine everyone.
The focus today will be on Flash PMI numbers. The Euro Area, including Germany and France, all posted numbers that missed consensus.
The US Flash PMI will be released at 9:45 am ET. With growth and the labor market becoming a concern, these activity numbers will start to become important again.
Also we have Fed speakers back in full force. Today, we have Bostic, Goalsbee, and Kashkari. I just read that Kashkari is advocating for another 50-bp cut if required. He’s not a voter though.
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