04.11.2016 – Economic Calendar by Dukascopy

By | November 3, 2016

The latest updates on US and Canadian labour markets will be released on Friday, the 4th of November. Keep watching this Economic Calendar to find out more.
The final reading of Euro Zone Services PMI for October is up first at 9. The initial estimate puts the Index at an 8-month high as a strong surge in German data has reversed a decline in the French index.
Euro Zone Producer Price Index for September follows at 10. Producer prices slipped in August on the back of weaker energy prices, partially offsetting a point 3% gain a month ago.
There’s plenty of news releases scheduled at 12:30 PM GMT, and the US October Employment Report is the most important one. The September report suggested a mixed picture as employment grew less than anticipated, but wages did increase in line with expectations.
US Trade Balance for September is out at the same time. The trade deficit widened in August in light of higher service imports, but analysts believe this was a one-off occasion and the deficit should narrow this time around.
And the Canadian counterparts of these releases come at this time as well. The September Labour Report showed a strong growth in employment, although much of it came from part-time work.
Canadian Trade Balance narrowed in August as exports went up and imports stood unchanged.
And wrapping things up at 2 o’clock is the Canadian Ivey PMI for October. The September Index surprised very much on the upside, surging to a 9-month high.
I’m Jack Everitt and this was the Economic Calendar for Friday. Check back in for the next overview of news releases for Monday. See you then.

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