Results of the Philadelphia Federal Reserve regional manufacturing survey for July is due out at 10:00 am ET. The consensus estimates call for a decline in the manufacturing index to 9 from 12.5 in June.
Around the same time, the Conference Board will release its report on leading economic indicators index for June. Economists expect the index to rise by 0.3 percent from a 0.1 percent increase in May.
The US dollar held steady against its major rivals ahead of the report. As of 9:55 am ET, the greenback was trading at 100.23 against the yen, 0.9450 against the Swiss franc, 1.5208 against the pound and 1.3088 against the euro.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.