This is a very busy week for the Forex market with many important economic events on the schedule. We will see interest rate decisions out of the Euro zone, the United Kingdom and Australia while there is important government employment data from the United States, Canada, Australia, Switzerland and New Zealand. Here’s a quick rundown of the economic highlights.- Monday has the Australian retail sales data on the schedule as well as PMI data from Germany and the United Kingdom.
- Tuesday‘s economic releases include the Australian interest rate decision (market expectations of a rate hold), ISM nonmanufacturing data from the United States and employment data from New Zealand.
- Wednesday will see Eurozone retail sales data, Canadian building permits, factory orders and PMI data from Germany as well as the leading indicators from US.
- Thursday is a very busy day with major releases including the Australian employment change, interest rate decisions from the United Kingdom and the euro zone as well as GDP and personal consumption expenditure data from the United States.
- Friday will see the United States non-farm payrolls employment report as well as the Canadian employment change data for October.
Please see the week’s highlighted economic events below or our full calendar:
This Week’s Economic Highlights:
Monday, November 4
Australia — retail sales data
euro zone — Germany PMI manufacturing
euro zone — Sentix investor confidence
United Kingdom — PMI construction
United States — factory orders
Tuesday, November 5
China — HSBC services PMI
Australia — interest rate decision
Switzerland — consumer price index
United Kingdom — PMI services
euro zone — producer price index
euro zone — economic growth forecasts
United States — ISM non-manufacturing
New Zealand — unemployment data
Japan — BOJ minutes
Wednesday, November 6
Australia — trade balance
euro zone — Germany PMI services
euro zone — PMI services
United Kingdom — industrial/manufacturing production
euro zone — retail sales
euro zone — Germany factory orders
United States — mortgage applications
Canada — building permits
United Kingdom — GDP estimate
Canada — Ivey PMI data
United States — leading indicators
Thursday, November 7
Australia — employment change
Japan — leading index
Japan — coincident index
Switzerland — consumer confidence
euro zone — Germany industrial production
United Kingdom — Bank of England interest rate decision
euro zone — interest rate decision
United States — weekly jobless claims
United States — GDP report third-quarter
United States — personal consumption expenditure
Japan — foreign bonds/stocks buying
Friday, November 8
Switzerland — trade balance
Switzerland — unemployment rate
euro zone — trade balance
Switzerland — retail sales
United Kingdom — trade balance
Canada — housing starts
United States — non-farm payrolls employment report
Canada — employment change data
United States — University of Michigan confidence
United States — IMF financial crisis speeches
See our full economic calendar here.
