Thursday, 28 December 2017

Weekly Outlook: Jan 1 - Jan 5

Posted by FortFS at 10:18

Tuesday

Asia: China’s Caixin manufacturing PMI for December is due at 01:45 GMT, with 50.9 points eyed from a previous month 50.8 points.

Europe: Germany, the Eurozone and the United Kingdom will also present their owns PMI indexes as of 08:55 GMT, 09:00 GMT and 09:30 GMT respectively.

United States: Markit will unveil the US manufacturing PMI for December at 14:45 GMT.

Wednesday

Europe: Germany’s unemployment rate is scheduled for release at 09:00 GMT. Economists are not forecasting any changes to the current 5.6 percent. The UK construction PMI for December will be out at 09:30 GMT.

United States: the Institute for Supply Management will present its manufacturing PMI for December at 15:00 GMT, with a 58.1 reading seen.

Thursday

Asia: China’s Caixin services PMI for December is set for publishing at 01:45 GMT.

Europe: the UK Nationwide HPI is scheduled as early as 07:00 GMT, followed by Germany and Eurozone’s services PMIs at 08:55 GMT and 09:00 GMT respectively. The UK will unveil its own half an hour later.

United States: ADP nonfarm employment change is up at 13:15 GMT, with an expected jobs creation of 190,000 for December, equal to the prior month. Markit composite and services PMIs are due at 14:45 GMT.

Friday

Europe: Germany’s retail sales for November will be out at 07:00 GMT, while the Eurozone is set to release its consumer price index for December at 10:00 GMT, with a 1.3 percent eyed.


United States: all attention will be directed to the December employment report by the Labor Department. Nonfarm payrolls, average hourly earnings and the unemployment rate are all expected at 13:30 GMT. Analysts are pointing to a 189,000 jobs increase. Also, factory orders and the ISM non-manufacturing PMI for December will be published as of 15:00 GMT.

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