The Friday’s Non-Farm Payrolls report showed that US labor market is very stable. The number of employed people during the previous month grew more than expected. Despite insignificantly increased unemployment rate (5.0% instead of forecast 4.9%), strength of US market is out of doubt. And rising average hourly earnings also confirming this. However, nobody is believing that Fed will rise the rates this month.
(All times are GMT)
On Monday, at 1:30am Australian Bureau of Statistics will publish monthly Building Approvals.
The same time, at 1:30am Australian Bureau of Statistics will announce monthly Retail Sales.
At 8:30am Markit will provide Great Britain’s Construction PMI.
On Tuesday, at 1:30am Australian Bureau of Statistics will publish monthly Trade Balance.
At 4:30am, Reserve Bank of Australia will anounce Cash Rate – short term interest rates. And as usually, Rate Statement from Reserve Bank of Australia will follow.
At 8:30am information about Services PMI from Great Britain will be released by Markit.
At 12:30pm, Statistics Canada will provide Trade Balance data.
At 2:00pm The Institute for Supply Management (ISM) will release the ISM Manufacturing PMI for US.
On Wednesday, at 2:30pm Crude Oil Inventories release from US Energy Information Administration.
At 6:00pm detailed record of the FOMC’s most recent meeting will be published.
On Thursday, at 12:30pm numbers of Unemployment Claims are expected from US Department of Labor.
At 9:30pm Federal Reserve Chair Janet Yellen speaks due to participate in a panel discussion at the International House, in New York.
On Friday, at 8:30am Manufacturing PMI (Purchasing Managers’ Index ) in Great Britain will be released by Markit.
At 12:30pm, Statistics Canada will announce Employment Change and Unemployment Rate.
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