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2021/09/17 / Erste Group Research

Eurozone services sector still has potential

Next week, a first flash estimate of the Eurozone, German and French PMI for September will be published. In August, sentiment cooled slightly in both industry and services, starting from a high level. We expect sentiment to stabilize in September at the levels seen in the previous month.

The US Federal Reserve will deliberate on further monetary policy steps next week. The question for the markets is whether or not the committee responsible for this (FOMC) will set a course for the reduction of monthly securities purchases. We do not expect any changes.

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General information

AuthorErste Group Research
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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