05.09.2016 – Economic Calendar by Dukascopy

By | September 2, 2016

Monday is the Services PMI day, so keep watching this Economic Calendar to find out more.
Markets will be closed in the United States and Canada as Labour Day is observed, and the Calendar starts with a couple of Asian releases.
Japanese Services PMI for August is up first at half past midnight. The Index rebounded in July, having slipped to 49.4 points the previous month.
Chinese Caixin Services PMI for August follows at 1:45. The Index lost 1 point in July from the 11-month high reached the previous month.
Bank of Japan Governor Haruhiko Kuroda will be giving a closely watched speech at half past 2, when he will be speaking at the Kyodo News event in Tokyo.
The final version of Euro Zone August Services PMI comes at 8. The initial reading suggests the Index has inched higher and, notably, the French data shows a strong improvement.
UK Services PMI for August is released half an hour later. The Index remained in the negative territory in July, but it is worth remembering the August Manufacturing PMI surprised very much on the upside as weaker Sterling gave producers a boost.
Euro Zone Retail Sales for July will be available at 9. Sales stood unchanged in June as higher food and non-food sales were reversed by declining fuel sales.
There schedule is light until 11:01 in the evening when UK BRC Like-for-Like Sales for August are released. Sales returned to growth in July, following a point 5% drop a month ago.
And Loonie Dollar traders should tune in at half past 4 in the morning when the Reserve Bank of Australia will release its latest Monetary Policy Statement. The policy makers did cut the interest rate during the previous meeting, so no further changes are expected this time around.
I’m Sam Meredith and this was the Economic Calendar for Monday, the 5th of September. Check back in for the next overview of news releases for Tuesday. Goodbye for now.

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