Swiss GDP & US Services PMI, ADP Employment on This Calendar
September 5, 2018 1:56 pm
Economic calendar for Thursday starts at an earlier than usual 5:45 in the morning, so let’s take a closer look. Swissie traders will be monitoring closely the high importance Swiss GDP for the second quarter at a quarter to 6 AM. Economy expanded at a pace of point 6% in the year’s opening quarter, which matched the increase of the fourth quarter. German factory orders for July will be available fifteen minutes later. Orders have been volatile in recent months and they plummeted by 4% in June, wiping out May’s gain of 2.6%. US ADP Employment Report for August could shake up things for Greenback at a quarter past noon GMT. Private sector employment was up by 219 thousand in July, beating market expectations. US data run continues at a half past noon GMT, when a couple of releases are out, including weekly jobless claims. Initial claims were up by three thousand during the week ending August the 25th. Revised Productivity and Costs for the second quarter will be available at the same time. Preliminary release showed productivity increased by 2.9%, while unit labour costs were down by point 9%. Canadian building permits for July is the final item out at 12:30 PM. Municipalities issued 8.1 billion Canadian Dollars worth of building permits in June, which is 2.3% down from the previous month. A couple more US reports follow at 2 PM, including the high importance Non-Manufacturing PMI for August. Services sector grew for the 102nd consecutive month in July, but the pace of growth slowed down by 3.4% to 55.7. Factory Orders for July is the other item available at 2 PM. Orders were up by point 7% in June and this was the second consecutive monthly increase. Japanese Household spending data for July is released at 11:30 PM. Households reduced their spending for the fifth consecutive month in June, but the pace of decline slowed down significantly from May’s level of 3.9% in the red. Australian Home Loans for July wrap up this agenda at 1:30 in the morning. Loans were down by 1.1% in June to wipe out May’s gain of 1%. These were the potential market movers scheduled for publication on Thursday.
Economic calendar for Thursday starts at an earlier than usual 5:45 in the morning, so let’s take a closer look.
Swissie traders will be monitoring closely the high importance Swiss GDP for the second quarter at a quarter to 6 AM. Economy expanded at a pace of point 6% in the year’s opening quarter, which matched the increase of the fourth quarter.
German factory orders for July will be available fifteen minutes later. Orders have been volatile in recent months and they plummeted by 4% in June, wiping out May’s gain of 2.6%.
US ADP Employment Report for August could shake up things for Greenback at a quarter past noon GMT. Private sector employment was up by 219 thousand in July, beating market expectations.
US data run continues at a half past noon GMT, when a couple of releases are out, including weekly jobless claims. Initial claims were up by three thousand during the week ending August the 25th.
Revised Productivity and Costs for the second quarter will be available at the same time. Preliminary release showed productivity increased by 2.9%, while unit labour costs were down by point 9%.
Canadian building permits for July is the final item out at 12:30 PM. Municipalities issued 8.1 billion Canadian Dollars worth of building permits in June, which is 2.3% down from the previous month.
A couple more US reports follow at 2 PM, including the high importance Non-Manufacturing PMI for August. Services sector grew for the 102nd consecutive month in July, but the pace of growth slowed down by 3.4% to 55.7.
Factory Orders for July is the other item available at 2 PM. Orders were up by point 7% in June and this was the second consecutive monthly increase.
Japanese Household spending data for July is released at 11:30 PM. Households reduced their spending for the fifth consecutive month in June, but the pace of decline slowed down significantly from May’s level of 3.9% in the red.
Australian Home Loans for July wrap up this agenda at 1:30 in the morning. Loans were down by 1.1% in June to wipe out May’s gain of 1%.
These were the potential market movers scheduled for publication on Thursday.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#256275
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more
Related Posts: