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Rabobank Warns U.S. July PMI Due Tonight May Underestimate Middle East Impact

Commodities Indices

2026-07-24 10:33:06

According to Jin10, Rabobank analysts warned that the U.S. July PMI initial reading set to be released tonight may not fully reflect recent geopolitical developments and commodity market changes. The bank noted that the survey was likely completed over the past two weeks, meaning respondents who answered early may not have adequately accounted for the current Middle East situation or this week's oil price surge, potentially introducing data bias.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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