Hello, I`m Ben Jones and this is the Dukascopy Economic Calendar for this Services PMI Wednesday. First up at 6:45 in the morning is the Swiss GDP for the third quarter. Growth stalled in the second quarter after an expansion of a half a percent in the year’s opening stanza. It’s followed by a number of Services PMI releases for November, starting with Italian data at 8:45. Finalized French stats will be available five minutes later, followed by finalized German release at 8:55. The whole bloc’s finalized stats will be available at 9 o`clock. According to flash report, services sector growth edged down to 51.3, which is an 11 month low. UK Services PMI for November is the last of the PMI publications at 9:30. Services sector growth slowed down in the UK in October as the index contracted from 58.7. Euro Zone retail sales figures for October are up next at 10 AM. Sales went down in September, after gaining a downwardly revised point 9% a month before. US ADP Employment report for November is out at 1:15 PM GMT. According to the ADP, private sector employment grew by 230 thousand in October. Revised US Productivity and Costs for the third quarter is scheduled for a release at 1:30 PM. According to the preliminary release, Nonfarm business sector labor productivity increased at a pace of 2%. Unit labor costs in the nonfarm business sector rose by point 3%. A couple of high importance news releases are scheduled at 3 PM GMT, including the US Non-Manufacturing PMI. Index declined in October, but a rise is expected in this publication for November. The other item out at this time is the closely watched Bank of Canada monetary policy announcement. It’s followed by the US Federal Reserve Beige Book at 7 o`clock. A couple of news releases for October, regarding Australian economy wrap up the agenda at a half past midnight, including the high importance Retail Sales release. Sales have advanced for four consecutive months now and another rise is expected this time around as well. Trade Balance is the other and the last item for this calendar. Trade deficit expanded sharply in September as it rose from previous level, which was just slightly above 1 billion. These were the possible market movers for Wednesday. Tune in for the next schedule for Thursday, but for now, goodbye.
Hello, I`m Ben Jones and this is the Dukascopy Economic Calendar for this Services PMI Wednesday.
First up at 6:45 in the morning is the Swiss GDP for the third quarter. Growth stalled in the second quarter after an expansion of a half a percent in the year’s opening stanza.
It’s followed by a number of Services PMI releases for November, starting with Italian data at 8:45. Finalized French stats will be available five minutes later, followed by finalized German release at 8:55.
The whole bloc’s finalized stats will be available at 9 o`clock. According to flash report, services sector growth edged down to 51.3, which is an 11 month low.
UK Services PMI for November is the last of the PMI publications at 9:30. Services sector growth slowed down in the UK in October as the index contracted from 58.7.
Euro Zone retail sales figures for October are up next at 10 AM. Sales went down in September, after gaining a downwardly revised point 9% a month before.
US ADP Employment report for November is out at 1:15 PM GMT. According to the ADP, private sector employment grew by 230 thousand in October.
Revised US Productivity and Costs for the third quarter is scheduled for a release at 1:30 PM. According to the preliminary release, Nonfarm business sector labor productivity increased at a pace of 2%. Unit labor costs in the nonfarm business sector rose by point 3%.
A couple of high importance news releases are scheduled at 3 PM GMT, including the US Non-Manufacturing PMI. Index declined in October, but a rise is expected in this publication for November.
The other item out at this time is the closely watched Bank of Canada monetary policy announcement.
It’s followed by the US Federal Reserve Beige Book at 7 o`clock.
A couple of news releases for October, regarding Australian economy wrap up the agenda at a half past midnight, including the high importance Retail Sales release. Sales have advanced for four consecutive months now and another rise is expected this time around as well.
Trade Balance is the other and the last item for this calendar. Trade deficit expanded sharply in September as it rose from previous level, which was just slightly above 1 billion.
These were the possible market movers for Wednesday. Tune in for the next schedule for Thursday, but for now, goodbye.
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