mask Week Ahead | Will Non-Farm Payroll Save the Dollar?

03/ 12/ 2017

Week Ahead | Will Non-Farm Payroll Save the Dollar?

4th December 2017 - 8th December 2017

Monday

  • EUR Producer Price Index
  • USD Factory Orders

It will be quiet start to the week with very few reports of top tier data. By Mid-Day UAE Time Euro zone will release its Producer Price Index. This is released by the Eurostat which is an index that indicates the Producer Sector growth of the country.

The day will end with Factory orders released by the US Census Bureau which is a measure of monitoring the progress of the Factory Industries and its Growth.

Tuesday

  • EUR Markit PMI Composite
  • USD Non-Manufacturing & Markit Services Composite

Another day of low tier data and only significant important data for today will be Markit PMI Composite from Euro zone. On the latter part of the day there will be reports from US on Non-Manufacturing & Markit Services Composite.

Wednesday

  • EUR ECB Non-Monetary Policy’s Meeting
  • CAD Bank of Canada Interest Rate Decision

Wednesday will be the important day since Euro zone will have its Non-Monetary Policy’s Meeting Minutes and they will give us an insight in to how the current Economic conditions of European Zone and it future projections of the Year Ahead. This will be followed by Bank of Canada releasing its Interest Rate Decisions and its Rate Statement for this quarter.

Thursday

  • EUR Gross Domestic Product
  • USD Initial Jobless Claims & Continuing Jobless Claims

Highlight of the week will be from the latter part of the week and Thursday will be the important day in terms of Top Tier Data. Euro zone will release its Gross Domestic Product which gives us an insight on services and Products manufactured by the Euro Zone and its growth outline.

This will be followed by US reports on Initial Jobless Claims and Continuous Jobless Claims which gives us an outline for their Job Sector and its significant growth if positive or negative.

Friday

  • GBP Industrial Production
  • USD Non-Farm Payrolls

Final day of the light week ends with some top Tier data from US and Great Britain. Day begins with the reports from Industrial production and this report will gives investors a cue on the Production Sector Growth of Post Brexit and followed by the Highlight of the Week will be from US Non-Farm Payrolls figures which is a big report looked upon by Investors and Officials from US Federal Reserve for future projections of the US Economy.