A look at the day ahead in European and global markets from Anshuman Daga.
An employee restocks a sales display inside a Naturalia organic foods grocery store operated by Casino Group, following the outbreak of the coronavirus disease , in Bretigny-sur-Orge, near Paris, France, July 30, 2020. REUTERS/Benoit TessierA look at the day ahead in European and global markets from Anshuman Daga
While European Central Bank board member Isabel Schnabel did not rule out a technical recession in the 19-country block in a Reuters interview last week, euro zone flash PMIs will be watched closely this week for recession risks.The August numbers, due on Tuesday, may show another month of contraction in business activity after S&P Global's final composite PMI index slumped to a 17-month low in July.
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