TREE NEWS update: Eurozone September flash manufacturing, services and composite PMIs are due at 16:00 Beijing time, preceded by French, German and UK readings and followed by US flash PMIs at 21:45. ECB Vice President Boris Vujcic speaks at 15:00 on digital banking and digital regulation, with ECB governing council members Ulo Kaasik, Boris Vujcic and Zigman, plus chief economist Philip Lane, also scheduled. Japan’s stock market is closed for a holiday.
ECB Vice President, Governing Council Members Speak; Eurozone Flash PMIs Due
The PMI batch matters less for its headline levels than for whether the euro area's manufacturing-services split is narrowing or widening, since that divergence has driven the ECB's data-dependent stance. Vujcic's digital banking and regulation remarks carry the RWA-relevant thread: the ECB's posture on tokenized settlement and digital euro design shapes the compliance perimeter European issuers will operate within. Whether Lane or other council members use the day's appearances to shift tone ahead of the next meeting is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.