Hello traders, let’s see which news releases could move the currency markets on Wednesday, the 4th of October. The final version of Euro Zone September Services PMI is up first at 8 AM, and the initial estimate puts the Index at a 4-month high in light of better French and German data. UK Markit Services PMI for September follows half an hour later, and the August data disappointed, dropping to the lowest level in 11 months; it did, however, remain in the positive territory. Euro Zone Retail Sales for August are out at 9, and sales slipped in July for the first time in 7 months. Coming up next at 12:15 PM GMT is the US ADP National Employment Report for September, and the August report surprised very much on the upside, although the official Bureau of Labor Statistics data came in weaker than expected. The closely watched US ISM Non-Manufacturing PMI for September follows at 2. The Index grew by 1.4 points in August as new orders, employment and prices index all went up. European Central Bank President Mario Draghi will be speaking at quarter past 5, appearing at the Inauguration of the ECB visitor centre in Frankfurt; the speech probably will not be very heavy on monetary policy, but you never know for sure. Fed Chair Janet Yellen will deliver her own opening remarks two hours later at a community banking conference in St. Louis. And two news releases regarding the Australian economy in August will be available at half past midnight, including the trade balance. Trade surplus shrank quite considerably in July as exports fell twice as fast as imports. Retail sales, on the other hand, stood unchanged in July, following 3 months of growth. I’m Jessica Walker and that’s all for Wednesday’s Economic Calendar. Check back in for the next overview of news releases for Thursday. Goodbye.
Hello traders, let’s see which news releases could move the currency markets on Wednesday, the 4th of October.
The final version of Euro Zone September Services PMI is up first at 8 AM, and the initial estimate puts the Index at a 4-month high in light of better French and German data.
UK Markit Services PMI for September follows half an hour later, and the August data disappointed, dropping to the lowest level in 11 months; it did, however, remain in the positive territory.
Euro Zone Retail Sales for August are out at 9, and sales slipped in July for the first time in 7 months.
Coming up next at 12:15 PM GMT is the US ADP National Employment Report for September, and the August report surprised very much on the upside, although the official Bureau of Labor Statistics data came in weaker than expected.
The closely watched US ISM Non-Manufacturing PMI for September follows at 2. The Index grew by 1.4 points in August as new orders, employment and prices index all went up.
European Central Bank President Mario Draghi will be speaking at quarter past 5, appearing at the Inauguration of the ECB visitor centre in Frankfurt; the speech probably will not be very heavy on monetary policy, but you never know for sure.
Fed Chair Janet Yellen will deliver her own opening remarks two hours later at a community banking conference in St. Louis.
And two news releases regarding the Australian economy in August will be available at half past midnight, including the trade balance. Trade surplus shrank quite considerably in July as exports fell twice as fast as imports.
Retail sales, on the other hand, stood unchanged in July, following 3 months of growth.
I’m Jessica Walker and that’s all for Wednesday’s Economic Calendar. Check back in for the next overview of news releases for Thursday. Goodbye.
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