Friday brings the latest US Employment Report, so let’s take a closer look.
Coming up first at 6 AM are the German Factory Orders for August, and orders slipped in July, partially reversing a point 9% gain the previous month.
Swiss National Bank will release its September Foreign Currency Reserves data at 7, and reserves rose to a record-high level in August, suggesting active intervention in the currency market.
UK Halifax House Price Index for September follows half an hour later. The Index has been growing faster than expected for the past 2 months, although supply remains limited.
And coming up next at 12:30 PM GMT is the highly anticipated US September Employment Report. The employment sector has been a stellar performer for a while now, but this month’s data will be affected by the recent hurricanes.
The Canadian Labour Report is out at the same time, which is a high importance release for the Loonie Dollar traders. The Canadian report may not be as impressive as the US one, but the unemployment rate has been decreasing for the past three months, and now stands at its lowest level since 2008.
Canadian Ivey PMI for September will be available at 2. The Index plunged quite unexpectedly in August in light of a strong drop in prices index.
And US Consumer Credit for August concludes the schedule at 7. Lending surprised on the upside in July, posting the strongest growth in 4 months.
I’m Jack Everitt and this was the Economic Calendar for Friday, the 6th of October. Check back in for the next overview of news releases for Monday. Goodbye.
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