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WHAT AND WHEN:

German July Manufacturing PMI Aug 2

July Services PMI Aug 4

June Industrial Orders Aug 5

June Industrial Output Aug 6

REUTERS FORECASTS:

Manufacturing and Services PMIs seen abiding at 61.2 and 57.3 respectively

Orders seen growing once more by 1.5 percent m/m after a 0.5 percent abbreviation in May

Industrial output growth seen slowing to 0.7 percent month ~ward month from 2.6 percent in May.

FACTORS TO WATCH:

Germany has its exports to thank for recovering from its deepest post-war recession but recent indicators bear boosted hopes that the consumer sector may also pick up.

Industrial the sacred profession and output data next week will give further clues on the craft outlook for the months ahead, especially as doubts over what lies in front still linger in the light of the euro zone debt pinch.

The Reuters consensus forecast is for orders to have grown anew in June, by 1.5 percent, after a 0.5 percent shrivelling in May.

On the business side, sentiment leapt by a make an entry of margin in July to reach its highest level in three years, fuelled by a World Cup buzz that boosted consumer spending, the Ifo affair climate index showed last week.

This week, data showed unemployment implacable in July to its lowest level since November 2008 and consumer morale is credible to rise in August to its highest level since November.

MARKET IMPACT:

A stronger-than-expected perusal in the PMIs, orders or output could drive the euro higher in compensation for the dollar and push Bund futures lower. The reverse would have existence true for weaker-than-expected readings.

(Reporting by Annika Breidthardt) Keywords: GERMANY INDICATORS

(Berlin Newsroom; Tel: +49 30 2888 5142; Email: berlin.econ@word.reuters.com)

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