Hello, I`m Sinead MacLaughlin and this is the Economic Calendar for Monday, 3rd of November, which brings us the latest Manufacturing PMI data run. First up are a number of Manufacturing PMI releases for October, starting with Swiss figures at 8:30 AM. Italian statistics will be available fifteen minutes later, followed by Finalized French and German stats at 8:50 and 8:55 respectively. The whole bloc’s data will be out at 9 AM. According to the flash report, index rose slightly, up from 50.3 in September. UK Manufacturing PMI is up next at 9:30. According to CIPS, Growth of the UK manufacturing sector slowed further in September, as companies reported weaker increases in production, new business and new export orders. Index declined to 51.6, which is a 17 month low. We head over the Atlantic, where a couple of news releases regarding the US economy are out at 3 PM GMT, including the high importance ISM Manufacturing PMI for October. According to the Institute for Supply Management, Index was registered at 56.6 percent, a decrease of 2.4 percentage points from August’s reading of 59 percent, indicating continued expansion in manufacturing. Construction Spending for September is the other publication scheduled at this time. Spending slipped by point 8% in August, giving up a large part of July’s increase. It will be busy for Ozzy Dollar traders after midnight as three news releases regarding Australian economy wrap up the agenda. Two news releases regarding September are out at a half past midnight GMT and the high importance retail trade is one of them. Sales have increased for three consecutive months now and another rise is expected this time around as well. Trade balance is the other piece out at this time. Deficit narrowed down sharply in September, but it’s expected to fall back further into the red in this release. And the final item on this calendar is the high importance Reserve Bank of Australia monetary policy announcement. Australia’s cash rate is at a record low of 2.5%, where it has stood unchanged for a while now. That’s it for Monday’s Economic Calendar. Tune in for the next report, bringing you the schedule for Tuesday, but for now, goodbye.
Hello, I`m Sinead MacLaughlin and this is the Economic Calendar for Monday, 3rd of November, which brings us the latest Manufacturing PMI data run.
First up are a number of Manufacturing PMI releases for October, starting with Swiss figures at 8:30 AM. Italian statistics will be available fifteen minutes later, followed by Finalized French and German stats at 8:50 and 8:55 respectively. The whole bloc’s data will be out at 9 AM. According to the flash report, index rose slightly, up from 50.3 in September.
UK Manufacturing PMI is up next at 9:30. According to CIPS, Growth of the UK manufacturing sector slowed further in September, as companies reported weaker increases in production, new business and new export orders. Index declined to 51.6, which is a 17 month low.
We head over the Atlantic, where a couple of news releases regarding the US economy are out at 3 PM GMT, including the high importance ISM Manufacturing PMI for October. According to the Institute for Supply Management, Index was registered at 56.6 percent, a decrease of 2.4 percentage points from August’s reading of 59 percent, indicating continued expansion in manufacturing.
Construction Spending for September is the other publication scheduled at this time. Spending slipped by point 8% in August, giving up a large part of July’s increase.
It will be busy for Ozzy Dollar traders after midnight as three news releases regarding Australian economy wrap up the agenda. Two news releases regarding September are out at a half past midnight GMT and the high importance retail trade is one of them. Sales have increased for three consecutive months now and another rise is expected this time around as well.
Trade balance is the other piece out at this time. Deficit narrowed down sharply in September, but it’s expected to fall back further into the red in this release.
And the final item on this calendar is the high importance Reserve Bank of Australia monetary policy announcement. Australia’s cash rate is at a record low of 2.5%, where it has stood unchanged for a while now.
That’s it for Monday’s Economic Calendar. Tune in for the next report, bringing you the schedule for Tuesday, but for now, goodbye.
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