North American Employment Friday
November 1, 2018 1:18 pmVideo
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North American employment stats for October will be available on this week’s final trading day, so let’s take a closer look.
A batch of Euro Zone Manufacturing PMIs for October open this agenda, starting with Italian figures at 8:45 in the morning. Final French stats will then be released five minutes later, followed by Final German data at 8:55.
The whole bloc’s overview will then be available at 9 o’clock. Flash report showed the index dropping to 52.1 as the pace of manufacturing sector expansion continued slowing down.
UK Construction PMI for October follows at 9:30 AM. The index has been trending lower in recent months and another contraction is expected this time around as well.
12:30 PM GMT will be busy for both US and Canadian Dollar traders. The high importance US employment stats for October will be available. Unemployment rate dropped to 3.7% in September and Neil Armstrong walked on moon the last time it was this low.
US trade statistics for September will also be published at the same time.
Canadian labour force survey for October could be a potential Loonie Dollar mover and it’ also scheduled for release at a half past noon GMT. Employment rose by 63 thousand in September, driven by an increase in part-time employment. The unemployment rate declined by one tenth of a percent to 5.9%.
Canadian trade balance figures for September wrap up the busy 12:30 PM data run.
US Factory Orders for September is the final item on this busy agenda at 2 PM. Orders rebounded in August after declining in July due to weak aircraft demand.
I’m Jack Everitt and you’ve been watching the Dukascopy Economic Calendar for Friday.
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