Tuesday is the Services PMI day. Let’s take a closer look. The final reading of Euro Zone November Services PMI is up first at 9 AM. The preliminary estimate puts the Index at a 7-month high. UK Services PMI for November follows half an hour later. The October data surprised strongly on the upside as the Index jumped by 2 points. Euro Zone Retail Sales for October are out at 10. Sales rebounded in September, reversing 2 months of decline. Coming up next at 1:30 PM GMT is the US Trade Balance for October. Trade deficit widened in September as imports grew at a slightly faster pace than exports. Canadian Trade Balance for October will be available at the same time, and the Canadian trade deficit actually stood unchanged in September as exports and imports fell at the same pace. The closely watched US ISM Non-Manufacturing PMI for November follows at 3. The Index surprised on the upside in October, rising to a record-high level. And Australian third quarter GDP concludes the schedule at half past midnight, which is a high importance release for the Aussie Dollar traders. Australian economy picked up speed in the second quarter, following a point 3% gain a month ago. You’ve been watching the Economic Calendar for Tuesday, the 5th of December, with me, Jack Everitt. Check back in for the next overview of news releases for Wednesday. Goodbye.
Tuesday is the Services PMI day. Let’s take a closer look.
The final reading of Euro Zone November Services PMI is up first at 9 AM. The preliminary estimate puts the Index at a 7-month high.
UK Services PMI for November follows half an hour later. The October data surprised strongly on the upside as the Index jumped by 2 points.
Euro Zone Retail Sales for October are out at 10. Sales rebounded in September, reversing 2 months of decline.
Coming up next at 1:30 PM GMT is the US Trade Balance for October. Trade deficit widened in September as imports grew at a slightly faster pace than exports.
Canadian Trade Balance for October will be available at the same time, and the Canadian trade deficit actually stood unchanged in September as exports and imports fell at the same pace.
The closely watched US ISM Non-Manufacturing PMI for November follows at 3. The Index surprised on the upside in October, rising to a record-high level.
And Australian third quarter GDP concludes the schedule at half past midnight, which is a high importance release for the Aussie Dollar traders. Australian economy picked up speed in the second quarter, following a point 3% gain a month ago.
You’ve been watching the Economic Calendar for Tuesday, the 5th of December, with me, Jack Everitt. Check back in for the next overview of news releases for Wednesday. Goodbye.
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