EUROPEAN SESSIONIn the European session, we get the final manufacturing PMIs for the major Eurozone economies and the UK. The data is not going to change anything for the respective central banks, so the market reaction will likely be muted. We also have the Swiss CPI report which is expected to show the yearly inflation rate easing to 0.4%. AMERICAN SESSIONIn the American session, the main highlight is the US ISM Manufacturing PMI, expected at 53.9 vs 53.3. prior. The S&P Global US PMIs showed a slight weakening in manufacturing growth as some of the stock building seen in prior months showed signs of fading.