US: Markit PMIs in focus today – Danske Bank

In the US, Markit PMIs for November are due for release and will be the key economic data for today’s session, according to analysts at Danske Bank.

Key Quotes

“The large gap between Markit and ISM manufacturing narrowed in October and we expect this trend to continue (driven by both variables). Hence, we estimate that Markit PMI rose to 55.6. We estimate the service index stayed around its current level of 55.3.”

“German Ifo expectations figures are due for release today.”