WHEN ARE THE S&P GLOBAL'S FLASH US PMIS AND HOW COULD THE DATA AFFECT EUR/USD?

US PMI Overview

S&P Global will release the flash version of the US Manufacturing and Services PMIs at 13:45 GMT this Friday. The gauge for the manufacturing sector is expected to remain in contraction territory for the seventh straight month and edge lower to 49 in April from 49.2 in the previous month. The Services PMI, meanwhile, is anticipated to show a slight deceleration in growth and come in at 51.5 for the current month, down from March's final reading of 52.6. Furthermore, the composite PMI is expected to show a rise in overall business activity and rise to 52.8 from 52.3 previously.