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AvaTrade – What’s Happening This Week?

AvaTrade – What’s Happening This Week?

Earnings season wraps up for another quarter, with just fashion retailer Superdry and homebuilders, Barratt from the UK to watch. Monday is closed in the UK due to a bank holiday. A big week for economic releases, with some important jobs data from the US in focus, including the ADP, and NFP and we have consumer confidence, which has taken a hit as a result of Delta. As with the rest of the economy we are expecting a slowdown in jobs numbers from the US, signalling a slowdown in momentum and an increase in available jobs. In Europe, we have inflation numbers and CPI from Germany. We also have the ISM PMIs from the US and the China China PMI numbers to follow.

Have a strong trading week!

Events

Monday
UK bank holiday – UK markets closed
1:00 PMGermany CPI (August, preliminary)
3:00 PMUS new home sales (July)

Tuesday
2:00 AMChina mfg & non-mfg PMI (August)
8:55 AMGerman unemployment (August)
10:00 AMeurozone inflation (August, flash)
2:45 PMUS Chicago PMI (August)
3:00 PMUS consumer confidence (August)

Wednesday
2:45 AMChina mfg PMI (August)
1:15 PMUS ADP employment report (August)
3:00 PMUS ISM mfg PMI (August)
3:30 PMUS EIA crude oil inventories (w/e 27 August)

Thursday
1:30 PMUS trade balance (July), initial jobless claims

Friday
2:45 AMChina
1:00 PMGermany CPI (August, preliminary)
3:00 PMUS new home sales (July)