Economic Calendar of the Week – Sept 29 – Oct 3, 2014

Economic Calendar of the Week – Sept 29 – Oct 3, 2014


Welcome to the Investors Trading Academy economic
events of the week. Each week our news analysts review the upcoming economic events that you
should be monitoring during the week. This will be a busy week as it covers the end of
the month and the end of the quarter and also ends early enough in the week for the beginning
of October to be released. Traders will be focusing on the European Central
Bank’s policy meeting on Thursday after European Central Bank President Mario Draghi indicated
this past week that he is open to the possibility of adopting further easing measures should
they be required. The euro fell to a two year low of 1.2684 Important as well, will be Friday’s US nonfarm
payroll report. That comes against the backdrop of a recent drop in five-year inflation break-evens
in the US. The August number was notably weak, at 142K, but the September number should rebound,
with payroll growth of 205K. The jobless rate should hold steady at 6.1%. The US dollar
climbed to a 4 year high and is trading at 85.77. In the run-up to those payroll figures, investors
will be treated to data on pending home sales numbers, the Conference Board consumer confidence
index, the ADP survey and the ISM index. The latest estimate on the UK’s gross domestic
product for the second quarter will include a wide set of revisions, and hence it will
be of interest to investors. The UK will also see manufacturing and construction PMI this
week. While the eurozone will see a variety of data it will be overshadowed by the ECB
decision. In China, the official purchasing managers’
index for manufacturing is released on Wednesday with the services variant on Friday. The HSBC
purchasing managers’ index is released on Tuesday.

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