ISM Manufacturing PMI expected to signal continued expansion in US factory activity

Attention shifts to Wednesday’s release of the June ISM Manufacturing Purchasing Managers Index (PMI), one of the most closely followed indicators of activity in the US manufacturing sector and an important barometer of the broader economy.
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Euro declines ahead of Eurozone HICP inflation data

EUR/USD depreciates after flattening in the previous day, trading around 1.1390 during the European hours on Wednesday. The Euro (EUR) remains weaker ahead of Eurozone Harmonized Index of Consumer Prices (HICP) data due to be released later in the day.
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