In the European session, we don't have much on the agenda other than the final PMIs for the major Eurozone economies and the UK. The final readings are rarely market-moving because the markets react more to new information. That's why the preliminary reports are the ones that move the markets the most. We also get the Eurozone PPI data but that's almost never a market-moving release as it's old news and the ECB is focused on the CPI anyway. As a reminder, the ECB is expected to keep interest rates unchanged in October, with the market pricing a 80% probability of a hold. In the American session, the only highlight is the US ISM Services PMI which is expected to tick lower to 55.0 vs 55.4 in the prior month.
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