Newsflow has eased back on the final trading day of this week, but we do get the key update on US employment for January. UK Construction PMI for January opens this agenda at 9:30 in the morning. Construction sector has been expanding in the final three months of 2017, after the index briefly dipped South of the 50 level in September. Euro Zone Producer Price Index follows a half an hour later. Prices have expanded in the final four months of last year and this trend is expected to continue in January. Then the key event of the day is scheduled at 1:30 PM GMT and it’s the high importance January US Employment Report. A disappointing 148 thousand jobs were created in December as retail sector took a 20k hit. Nonetheless, unemployment rate stood steady at 4.1%. A couple of US reports wrap up this agenda at 3 PM GMT and Revised University of Michigan Survey for January is one of them. Preliminary release showed a slight contraction in consumer Sentiment as index slipped from 95.9 to 94.4. US Factory Orders for December is the other and the final item for this agenda. Orders jumped by 1.3% in November, and this follows a fractional contraction in October. I’m Kiays Khalil and that’s it for Friday’s Economic Calendar. Tune in for Monday’s report, but for now, goodbye.
Newsflow has eased back on the final trading day of this week, but we do get the key update on US employment for January.
UK Construction PMI for January opens this agenda at 9:30 in the morning. Construction sector has been expanding in the final three months of 2017, after the index briefly dipped South of the 50 level in September.
Euro Zone Producer Price Index follows a half an hour later. Prices have expanded in the final four months of last year and this trend is expected to continue in January.
Then the key event of the day is scheduled at 1:30 PM GMT and it’s the high importance January US Employment Report. A disappointing 148 thousand jobs were created in December as retail sector took a 20k hit. Nonetheless, unemployment rate stood steady at 4.1%.
A couple of US reports wrap up this agenda at 3 PM GMT and Revised University of Michigan Survey for January is one of them. Preliminary release showed a slight contraction in consumer Sentiment as index slipped from 95.9 to 94.4.
US Factory Orders for December is the other and the final item for this agenda. Orders jumped by 1.3% in November, and this follows a fractional contraction in October.
I’m Kiays Khalil and that’s it for Friday’s Economic Calendar. Tune in for Monday’s report, but for now, goodbye.
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