This Friday is the European Services PMI day and we will also get the much anticipated US jobs update for April, so let’s take a closer look.
The day starts with Services PMI run for April and Spanish stats are available first at a quarter past 7 AM. Italian data is up next at 7:45, followed by Final French reading at 7:50 and Final German stats five minutes later.
Whole bloc’s report wraps up the Services PMI data run at 8 AM. According to flash report, index edged up by one tenth of a percent from March’s seven month low.
Euro Zone Retail Sales for March will be available at 9 AM. Sales edged slightly up in February after declining for two months in a row.
Then it’s the day’s key event at a half past noon GMT when the April US Employment Report is released. According to bureau of labour statistics, total non-farm payroll employment edged up by 103 thousand in March, and the unemployment rate was unchanged at 4.1 percent.
Canadian Ivey PMI release for April wraps up this calendar at 2 PM. Index gained point 2% in March to head closer to the 60 level.
I’m Kiays Khalil and this was the Economic Calendar for Friday. Have a nice weekend and click back for Monday’s Fundamentals. Bye for now.

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