The U.S. Federal Open Market Committee kept interest rates unchanged but hinted a rate hike is highly possible in the next policy meeting. Many economists are waiting for the signals from US labor market, so to predict the possible rate hike later this yeas. And one of the strongest signal from US we will receive on Friday – US Non-Farm Payrolls. So, here is the list of the of the most prominent events:
(All times are GMT)
On Monday, at 9:30am Markit will anounce Purchasing Managers’ Index (PMI) in Great Britain.
At 3:00pm, the US Institute for Supply Management (ISM) will inform results of their survey of about 400 purchasing managers – ISM Manufacturing PMI.
On Tuesday, at 3:30am Reserve Bank of Australia will anounce Cash Rate with Rate Statement accompanied.
At 9:30am Construction PMI in Great Britain will be published.
At 9:45pm will arrive labor statistics from New Zealand – quarterly Employment Change and Unemployment Rate.
On Wednesday, at 12:30am Australian Bureau of Statistics will inform us about monthly Retail Sales and Trade Balance.
At 9:00am ECB President Draghi Speaks at the ECB Forum on Banking Supervision, in Frankfurt.
A 9:30am Markit will anounce Services PMI in Great Britain.
At 1:15pm Automatic Data Processing, Inc will release ADP Non-Farm Employment Change.
At 1:30pm Trade Balance will be anounced by Statistics Canada,
And the same time, at 1:30pm US Trade Balance will be published.
At 3:00pm Federal Reserve Chair Janet Yellen testifies on bank regulation before the House Financial Services Committee, in Washington DC.
Simultaneously, at 3:00pm ISM Non-Manufacturing PMI will be anounced.
At 10:25pm, Reserve Bank of Australia Governor Stevens will speak at Melbourne Institute’s Economic and Social Outlook Conference, in Melbourne.
On Thursday, at 12:00pm big statistical data package from Great Britain – BOE Inflation Report, Monetary Policy Committee Statement, Official Bank Rate.
At 12:45pm Bank of England Governor Mark Carney will speak at a press conference, along with other MPC members, about the Inflation Report, in London.
At 1:30pm US Department of Labor will give us data about Unemployment Claims.
On Friday, at 9:30am Great Britain Office for National Statistics will release monthly Manufacturing Production m/m.
At 1:30pm, data about labor market of Canada will be published – Employment Change and Unemployment Rate.
And finally, the most expected event by many economists and traders – data from US labor market – Unemployment Rate and Non-Farm Employment Change.