Home / Economic News / WEEK 36 (August 31 — September 4): Forthcoming economic news-releases

WEEK 36 (August 31 — September 4): Forthcoming economic news-releases

It looks like all financial markets return from summer vacation one week earlier. They show extreme and unexpected volatility in the last week of August. It started in China, Europe has picked up the baton and later this wave reached the American market. After this week many economists believe that anticipated rate change in US will be postponed. But probably the US Non-Farm Payrolls expected on this Friday will change the situation. So, here is the list of the next week market movers. (All times are GMT)

On Tuesday, early in the morning (at 4:30) Australian rate decision from the Reserve Bank of Australia will be announced. Presently it is 2% and no changes are expected, but taking into account situation in China…

At 12:30 we are waiting monthly GDP from Canada.

At 14:00 Purchasing Managers’ Index (PMI) from the Institute for Supply Management (ISM) will show current health of US economy.

On Wednesday, at 1:30 we again waiting information from Australia. This time it will be quarterly GDP.

At 12:30 ADP Non-Farm Employment Change will show estimated change in the number of employed people during the previous month in US.

Thursday again will start with news from Australia: monthly Retail Sales and Trade Balance will be announced at 1:30.

Later, at 8:30 we will get Services PMI from England.

At 11:45 Minimum Bid Rate from ECB and Press-conference after it will show us ECB expectations for the nearest economy recovery.

At 12:30, (simultaneously with Mario Draghi press-conference) data about US Trade Balance and US Unemployment Claims will arrive. So, if you like to trade EUR/USD, do it will caution. It can move one direction and few seconds later in opposite direction.

At 14:00, ISM Non-Manufacturing PMI from US will be announced.

On Friday, at 12:10 Federal Reserve Bank of Richmond President Jeffrey Lacker is scheduled to speak in Richmond.

At 12:30 we are expecting Employment Change and Unemployment Rate data from Canada.

And of course, at 12:30 we will see the most expected event of the next week – US Non-Farm Payrolls.

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