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2021/06/18 / Erste Group Research

Service providers still on the upswing

Next week, a first flash estimate of PMI data for the Eurozone for June will be published. Against the backdrop of rapid vaccination progress, we expect sentiment in the services sector to rise further in June. In manufacturing, we expect sentiment to stabilize at best near historical highs.

The first round of regional elections will be held in France's 18 regions on Sunday. The elections are considered an important yardstick for the presidential elections in April 2022. Reactions on the financial markets will probably only occur in the run-up to the presidential elections in 2022, where a duel between President Macron and Marine Le Pen is expected, as in 2017.


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General information

AuthorErste Group Research
Date2021/06/18
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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