Wednesday is the Services PMI day, and the Dukascopy TV team is here to tell you more. I’m Charlie Fooks and you’re watching the Economic Calendar. August Services PMIs from several European countries are scheduled first thing in the morning, starting with the Italian release at 7:45 AM. The final French index follows five minutes later, German final PMI comes at 7:55, and the final data for the entire Euro Zone will be available at eight. The preliminary estimate suggests that the Euro Zone index has declined from 54.2 in July, but it also notes that the gap between German and French performance is closing. UK Services PMI for August will be released at 8:30. The Index surprised on the upside in July, soaring to an 8-month high. Euro Zone Retail Sales for July are out at 9 o’clock. Retail sales rose in line with estimates in June. Coming up next at 2 PM GMT are the US Factory Orders for July. Orders grew more than expected in June, fully reversing a point 6% decline the previous month. Bank of Canada will release its latest Monetary Policy Statement at the same time, and this release is of high importance to Loonie Dollar traders. No changes in monetary policy are expected. Federal Reserve Beige Book will be published at 6 o’clock. The previous release noted modest to moderate expansion in all twelve federal reserve districts. And wrapping up the calendar at half past one AM are two news releases regarding the Australian economy in July, including the Trade Balance. Trade deficit narrowed in June as exports stood unchanged and imports went down. Retail Sales grew faster than expected in June, with food, household goods and catering leading the way. So these are the news releases to watch on Wednesday, the 3rd of September. Our next edition will cover the most important publications scheduled for Thursday. Goodbye.
Wednesday is the Services PMI day, and the Dukascopy TV team is here to tell you more. I’m Charlie Fooks and you’re watching the Economic Calendar.
August Services PMIs from several European countries are scheduled first thing in the morning, starting with the Italian release at 7:45 AM. The final French index follows five minutes later, German final PMI comes at 7:55, and the final data for the entire Euro Zone will be available at eight. The preliminary estimate suggests that the Euro Zone index has declined from 54.2 in July, but it also notes that the gap between German and French performance is closing.
UK Services PMI for August will be released at 8:30. The Index surprised on the upside in July, soaring to an 8-month high.
Euro Zone Retail Sales for July are out at 9 o’clock. Retail sales rose in line with estimates in June.
Coming up next at 2 PM GMT are the US Factory Orders for July. Orders grew more than expected in June, fully reversing a point 6% decline the previous month.
Bank of Canada will release its latest Monetary Policy Statement at the same time, and this release is of high importance to Loonie Dollar traders. No changes in monetary policy are expected.
Federal Reserve Beige Book will be published at 6 o’clock. The previous release noted modest to moderate expansion in all twelve federal reserve districts.
And wrapping up the calendar at half past one AM are two news releases regarding the Australian economy in July, including the Trade Balance. Trade deficit narrowed in June as exports stood unchanged and imports went down.
Retail Sales grew faster than expected in June, with food, household goods and catering leading the way.
So these are the news releases to watch on Wednesday, the 3rd of September. Our next edition will cover the most important publications scheduled for Thursday. Goodbye.
You can view this video and the full video archive on the Dukascopy.TV page: http://www.dukascopy.com/tv/en/#135570
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