This week’s Economic News & Events! Focus on US NFP and UK/Eurozone PMI Data

May 2, 2017

The Biggest Market Movers This Week With FXPRIMUS.

This week’s Economic News & Events! Focus on US NFP and UK/Eurozone PMI Data

This article is originally referred from FXPrimus News

THIS WEEK’S INDICATORS

This week is expected to be a reasonably quiet week in the financial markets, with a focus on UK and Eurozone PMI data as well as this Friday’s US Nonfarm Payrolls.

Our experts have extracted what they believe to be the most important financial indicators of the week, and enclose them here, in an easy-to-read format helping you to tailor your trading strategy so that you don’t miss a trading opportunity.

MONDAY

  • PMI data is the main focus today.
  • Eurozone will release PMI manufacturing final.
  • Eurozone will also release unemployment rate.

TUESDAY

  • The UK is to release PMI Manufacturing data.

WEDNESDAY

Financial markets in Japan are closed for holidays, USDJPY is expected to remain choppy.

  • New Zealand is to publish unemployment and employment data, where unemployment is expected to fall.
  • The UK is to release data on PMI Constructions.
  • The US will release the ADP employment data and later in the day ISM manufacturing.
  • FED to announce it is interest rate decision and policy, markets expected to be volatile. (FOMC)

THURSDAY

Holiday in Japan, USDJPY to remain choppy.

  • The UK is to release data on service sector activity.
  • Weekly jobless claims will be released from the US.

FRIDAY

  • Main data is the NFP data and unemployment from the US. Expected to increase to 194k.
Date Time Country Impact Event Name Actual Forecast Previous
 May 2nd, Tuesday  02:50  Japan  ★★★  Monetary Base  462.2tn JPY  –  447.3tn JPY
 May 2nd, Tuesday  02:50  Japan  ★★★  BoJ Monetary Policy Meeting Minutes  –  –  –
 May 2nd, Tuesday  03:20  Japan  ★★★  BoJ Kuroda speaks at Global Think Tank Summit in Yokohama  –  –  –
 May 2nd, Tuesday  07:30  Australia  ★★★  RBA Interest Rate Decision  1.5%  1.5%  1.5%
 May 2nd, Tuesday  10:50  France  ★★★  Markit Manufacturing PMI  –  55.1  55.1
 May 2nd, Tuesday  10:55  Germany  ★★★  Markit Manufacturing PMI  –  58.2  58.2
 May 2nd, Tuesday  11:00  EU  ★★★  Markit Manufacturing PMI  –  56.8  56.8
 May 2nd, Tuesday  11:30  UK  ★★★  Markit Manufacturing PMI  –  54.0  54.2
 May 2nd, Tuesday  12:30  Australia  ★★★  Budget Release  –  –  –
 May 2nd, Tuesday  19:00 Italy ★★★ New Car Registration  –  –  18.165
 May 3rd, Wednesday  10:55  Germany  ★★★  Unemployment Change  –  –  -30.00

FXPrimus Official Website

Original Source: FXPrimus News

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