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The data that will follow today

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11:00 Eurozone: PMI index in manufacturing - preliminary. PMI is the first economic indicators for each month, providing information on changing economic conditions, significantly earlier than the official state statistics. Forecasts 52.2.
11:00 Eurozone: PMI index for services - preliminary. Values ​​expected 54.1.
PMI is presented in size from 1 to 100. Levels above 50 are identified with a positive outlook for economic growth. In contrast, values ​​below 50 indicate a less optimistic forecast. Projections for the manufacturing PMI and PMI in the service sector are at levels above 50, upon confirmation of expectations of possible increase of EUR.
in the sphere

15:30 Canada: Retail Sales m / m. Retail sales obtained from retailers are a key monthly indicator of consumer contracts in Canada. According to analysts, this indicator will reflect growth of 0.5%. Probably higher volatility of the CAD during the release notes.
15:30 Canada: Retail sales excluding automobiles m / m. Presents the changes in the total value of retail sales without this vehicle. Expectations are for growth of 0.4% compared to the previous period.

16:00 Eurozone: Statement by the President of the ECB - Mario Draghi. As head of the ECB, which controls short-term interest rates, he has more influence on the value of the euro than any other person. Any statements follow with great attention from investors.

16:45 USA: PMI index in the manufacturing of Markit - preliminary. Economists expected values ​​are more than 50 levels of 53.3 points. The indicator has little impact on the USD, it is therefore possible dollar to remain unchanged.

17:30 US: Stocks of oil. The data provide information on supply and prices of oil and oil products base in order of these data to produce future projections. Possible change in crude oil prices following the publication of the data.

E.Dimitrov JrTrader


 Varchev Traders
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