Let’s see which news releases could move the currency markets on Wednesday, the 3rd of January. This is the Economic Calendar.
Swiss Manufacturing PMI for December is up first at half past 8 in the morning. November data surprised strongly on the upside as the Index soared to its highest level in 7 years.
The closely watched German Labour Report follows at 9, and the seasonally adjusted unemployment rate has stood at the same low level for the past 3 months.
UK Construction PMI for December is out at half past 9. The Index picked up speed in November, rising to a 6-month high.
Coming up next at noon GMT are the highly anticipated minutes of Fed’s December meeting which brought the highly anticipated rate hike.
The high importance US ISM Manufacturing PMI for December will be available at 3. The Index inched lower in November but it remains well in the positive territory.
US Construction Spending for November is out at the same time. October data came in stronger than expected as spending saw the fastest growth since March.
Australian Performance of Service Index for December follows at half past 10. The Index recovered some ground in November, having slipped to a 8-month low a month ago.
And Chinese Caixin Services PMI for December is scheduled at 1:45 AM. The Index continued to grow in November as new orders and employment both went up.
That’s all for Wednesday’s Economic Calendar. I’m ____ and we’ll be back with the next overview of news releases for Thursday. See you then.

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