Hello, traders, let’s see which news releases could move the currency markets on Friday, the 22nd of September.
All the Sterling traders may want to keep an eye on the newsfeed, as Prime Minister Theresa May will be speaking in Florence, outlining her Brexit strategy and trying to win over supporters.
September PMIs from several Euro Zone countries will be available first thing in the morning, starting with the French data at 7. German indices follow half an hour later, and Euro Zone PMIs are out at 8. The manufacturing PMI surprised on the upside in August, driven by strong gains in both Germany and France, while the services PMI slipped on weaker French data.
ECB President Mario Draghi will be speaking at Trinity College in Dublin at 8 o’clock. President Draghi has a knack for shaking up the markets with his comments, so it’s a good idea to keep a close eye on this appearance.
Coming up next at 12:30 PM GMT is the Canadian August CPI, which is a high importance release for all the Loonie Dollar traders. The annual inflation returned to growth in July, boosted by higher transportation and housing costs.
Canadian Retail Sales for July are out at the same time. Sales have been rising for the past 4 months, with general merchandise, clothing and building materials being among the drivers of growth.
And US Markit Preliminary PMI for September concludes the schedule at 1:45. The manufacturing PMI fell unexpectedly in Auguat, but the services PMI actually grew more than expected.
This was the Economic Calendar for Friday. I’m Jessica Walker and we’ll be back with the next overview of news releases for Monday. Goodbye.

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