December starts with the latest manufacturing PMIs from around the world, so let’s find out more.
Swiss Manufacturing PMI for November is up first at half past 8 in the morning. The Index has been rising for 5 months straight and now stands at a 7-year high.
The final estimate of Euro Zone November PMI follows at 9. The initial reading puts the Index at 60 points, which is the second highest level in the survey’s history; moreover, gains were recorded in both Germany and France.
UK Manufacturing PMI for November is scheduled at 9:30, and the British PMI also inched higher in October,
Coming up next at 1:30 PM GMT is the closely watched Canadian September GDP, and this release also includes the third quarter data. Canadian economy grew more than expected in the second quarter in light of strong household spending.
The high importance Canadian Labour Report for November is out at the same time. The unemployment rate inched slightly higher in November, but employment grew as well. It’s also worth noting that much of the growth came from full-time work, while part-time work saw a decline.
Canadian Manufacturing PMI for November will be available at half past 2. The Index eased in October from the 3-month high reached the previous month.
The highly anticipated US ISM Manufacturing PMI for November follows at 3. The Index lost 2.1 points in October from the 13-year high reached a month ago.
US Construction Spending for October is scheduled at the same time. Spending continued growing in September, and at a faster pace than the point 1% gain the previous month.
You’ve been watching the Economic Calendar for Friday, the 1st of December. I’m ____ and we’ll be back with the next overview of news releases for Monday. Goodbye.

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