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What's up for your forex trading next week?

9/1/2017

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Key events and releases

Monday, September 4th

  • US and Canada holiday
  • UK Construction PMI for August. 4:30 AM ET/0830 GMT.  Estimate 52.0 vs 51.9 last month

Tuesday, September 5th

  • RBA interest rate statement. No change expected. 12:30 AM ET/0430 GMT
  • UK Service PMI for August. 4:30 AM ET/0830 GMT.  Estimate 53.5 vs 53.8 last
  • US Factory orders for July.  10 AM ET/1400 GMT.  Estimate -3.2% vs -3.0%.  

Wednesday, September 6th

  • Australia GDP 2Q.  9:30 PM ET (Tuesday)/0130 GMT.  Estimate 0.8%. Last 0.3%. YoY est 1.8% vs 1.7% in 1Q
  • Canada Trade balance for July.  8:30 AM ET/1230 GMT.  The estimate is -3.3b vs -3.6b last month.
  • BOC interest rate statement. 10 AM ET/1400 GMT.  No change is expected. 
  • US ISM non manufacturing PMI. 10 AM ET/1400 GMT.  Estimate 55.4 vs 53.0 last month 

Thursday, September 7th

  • Australia retail sales for July.  9:30 PM ET (Wednesday)/0130 GMT. Estimate 0.2% vs 0.3% last month.
  • Australia trade balance for July.  9:30 PM ET (Weds)/0130 GMT.  Estimate A$950M vs A$856M
  • ECB interest rate decision. No change expected.  7:45 AM ET/1145 GMT. The ECB commented today that any change in bias won't be made until December.  Draghi has press conference at 8:30 AM ET/1230 GMT.

Friday, September 8th

  • UK Manufacturing Production 4:30 AM ET/0830 GMT.  The July estimate is for a gain of 0.3% vs 0.0% last month. Industrial production is estimate 0.2% vs 0.5%
  • Canada employment change. 8:30 AM ET/1230 GMT. The Canada employment is expected to add 15K vs 10.9K last month. The unemployment rate is expected to come in at 6.3% vs 6.3% last.  

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