Volatility Again? Flash US PMI Data Incoming @14:45 UTC

Forecast:

Manufacturing PMI: 51.9 (Previous: 51.8)

Services PMI: 52.9 (Previous: 52.5)

Why it Matters: The 50.0 mark separates expansion from contraction. Current forecasts suggest a slight acceleration in US economic activity. So as long as things stay within range, it's all good.