Germany's PMI data is due at 3.30 am ET. Economists forecast the manufacturing PMI to rise to 48.5 from 48.1 in April, and services index to reach 50, up from 49.6 in the prior month.
The euro showed mixed trading ahead of the report. While the common currency strengthened against the dollar and the pound, it drifted weaker against the Swiss franc and held steady against the yen.
As of 3:25 am ET, the euro was trading at 1.2866 against the US dollar, 1.2507 against the Swiss franc, 0.8550 against the pound and 131.0 against the yen.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.