01.06.2022 01:41
Market focus: events of the current week
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Market focus: events of the current week For indicators of the next NFP, it is very important to reach the predicted levels. If the release is released in the red zone, then the dollar will be under significant pressure.PMI indices are also worth studying carefully: control oversupply/demand and short-term actions of politicians depend on them.Chinese statistics should always be sceptical, but the current Chinese PMI is likely to show real negative business sentiment amid yet another COVID lockdown.EU summit may worsen the position of the euro if the sanctions confrontation with the Russian Federation intensifies. During the week, an active stream of verbal interventions is expected be careful!specified time is GMT Offset 0Tuesday, 31CNY: Manufacturing, Chinese Composite, Non-Manufacturing PMI (01:30)EUR: CPI, Core CPI (09:00); EU Leaders Summit (10:00)USD: CB Consumer Confidence, S&P/CS HPI Composite (14:00)Wednesday, 01AUD: GDP (01:30)CNY: Caixin Manufacturing PMI (01:45)GBP: Nationwide HPI (06:00); Manufacturing PMI (08:30)EUR: Manufacturing PMI (08:00); Unemployment Rate (09:00); ECB President Lagarde Speaks (11:00);USD: ADP Nonfarm Employment Change (12:15); ISM&Employment Manufacturing PMI (14:00); JOLTs Job Openings (14:00); Beige Book (18:00); API Weekly Crude Oil Stock (20:30)Thursday, 02AUD: Retail Sales, Trade Balance (01:30)USD: OPEC Meeting (10:00); ADP Nonfarm Employment Change (12:15); Initial Jobless Claims (12:30); (15:00); Nonfarm Productivity, Unit Labor Costs (12:30); Factory Orders (14:00); Crude, Cushing Crude Oil Inventories (15:00)Friday, 03JPY: Services PMI (00:30)EUR: Markit Composite, Services PMI (08:00); Retail Sales (09:00)USD: Nonfarm Payrolls (12:30); Markit Composite, Services PMI (13:45); ISM Non-Manufacturing PMI (14:00)Profits to yall!
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