The data, which we expect in today

11:00 Eurozone PMI index for services - final. PMI is the first economic indicators for each month, providing information on changing economic conditions, significantly earlier than the official state statistics. Forecasts are for the values ​​of 54.3 probably will not affect the European currency, as investors' attention is directed to the decision of the European Central Bank on interest rates and statement of the President of the ECB on monetary policy of the bank in the early afternoon today.

11:30 UK: PMI index in the service of the Markit / CIPS. Monthly survey of activity in the service sector and forecast for its future development. Expected 57.6, with levels above 50 signal that the economic outlook is positive. Likely increase in GBP, upon confirmation of forecasts

12:00 Eurozone: Retail Sales m / m. Analysts have forecast growth of 0.6%, as increases in the euro after publication of the data.

14:30 USA: Planned job cuts, according to Challenger g / g. It shows the percentage change compared to the corresponding period of the previous year. The indicator has little influence.

14:45 Eurozone: Decision of the European Central Bank on interest rates. The ECB will probably leave interest rates unchanged at 0.05% levels.
15:30 Eurozone: Statement by the President of the ECB on monetary policy the bank. Possible higher volatility vreme EUR at the press conference.

15:30 Canada: Trade balance. Data reflecting the import and export of goods is considered to be the most important economic statistics. Forecasts -1.400 billion. CAD. The data are a strong influence on the Canadian dollar.
15:30 US: Trade Balance. Possible higher volatility of the US dollar in the publication of the data. Expectations -44.500 billion. USD.

17:00 US: Index of the ISM services 58.3 60.3. The indicator is a composite index based on the values ​​of the four indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplies. Analysts have forecast values ​​of 58.1. Probably increase greenback after confirmation of forecasts.

Jr Trader E. Dimitrov