This week
is the first Friday for the month so as usual the US will announce the Change
In Non-Farm Payrolls. Apart from this major event that has a strong effect on
the market there will also be a number of other events that traders need to be
aware of when trading:
On Monday
are announced the UK Manufacturing PMI and
the US ISM Manufacturing PMI.
On Tuesday we can expect the UK Construction
PMI.
Wednesday is particularly eventful, as we can
expect the UK Services PMI, the US ADP Non-Farm
Employment Change, ISM Non-Manufacturing PMI and
Crude Oil Inventories. We can also expect speeches by the ECB
President Draghi and Fed Chair Janet Yellen.
On Thursday will be announced the Canadian
Trade Balance and the US Unemployment claims.
On Friday we can expect the Canadian Employment
Change and Employment rate, the US Average Hourly Earnings m/m, Unemployment
Rate and, of course, the US Non-Farm Employment Change.
Always useful to know what economic data will have impact on the week.
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