Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
01:30 | 2 points | Chinese Composite PMI (Jun) | ——— | 51.0 | |
01:30 | 3 points | Manufacturing PMI (Jun) | 49.5 | 49.5 | |
01:30 | 2 points | Non-Manufacturing PMI (Jun) | ——— | 51.1 | |
10:00 | 2 points | European Parliament Elections | ——— | ——— | |
13:00 | 2 points | FOMC Member Williams Speaks | ——— | ——— |
Summary of Upcoming Economic Events on June 30, 2024
- Chinese Composite PMI (Jun): This index measures overall economic activity in manufacturing and services in China. It indicates growth if above 50.
- Chinese Manufacturing PMI (Jun): Measures China’s manufacturing sector health. Forecasted at 49.5, indicating contraction.
- Chinese Non-Manufacturing PMI (Jun): Tracks performance in services and other non-manufacturing sectors. Previous value was 51.1, indicating growth.
- European Parliament Elections: Determines EU’s legislative direction. Results can impact market sentiment based on potential policy changes.
- FOMC Member Williams Speaks: Speech by an influential US Federal Reserve official, providing insights into future monetary policy, potentially impacting markets.
Market Impact Analysis
- Chinese PMI Data: If in line with expectations, markets remain stable. Significant deviations could lead to global market volatility.
- European Elections: Expected results mean minimal market impact. Unexpected outcomes could increase market volatility.
- Williams’ Speech: Expected comments will stabilize markets; unexpected tones could cause fluctuations.
Overall Impact
- Volatility: Moderate to high, especially influenced by Chinese PMI and European election results.
- Impact Score: 7/10, reflecting the potential for significant market movements due to these interconnected events.