Markets are focusing on the release of August flash Purchasing Managers' Index (PMI) survey data for the euro area, alongside second-quarter negotiated wage growth metrics. Economists anticipate PMI figures to remain largely steady compared to July readings, projecting services at 51.6 and manufacturing activity at 51.9. The European economy continues to display resilience following energy-related supply disruptions, backed by supportive fiscal measures in major economies like Germany.
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