What to expect next week

GBP In the first day of September in the UK will publish data on business activity index, the manufacturing sector. The index of business activity is extremely important for traders as managers, due to the nature of their work, usually the first to have access to data on the development of their companies, and these data are indicative of the state of the economy as a whole. Expected values ​​are close to 50 points, which may put pressure on the British pound. In mid-week data for the index of business activity in the construction sector are expected data over 50 points. Index values ​​above 50 indicate growth in the economic development in this sector.

EUR, expected interest from investors will be Thursday. Six members of the European Central Bank and the fifteen governors of ECB vote how to change the interest rate is almost certain that there will be no change. In the afternoon of the same day the ECB will hold a press conference, which will likely provide more detailed information about QE. In recent days, it speculates that the printing of the European currency will be increased, as the fall in commodity prices have a negative impact on the rate of inflation.

USD mid-week data for change in employment in the private sector ADP, can provide strong support to the US currency. Data expected 204 thousand to nearly 30 thousand. More than the previous period. Probably the end of the week will be successful for the US dollar. It is expected the unemployment rate from 5.2 percent to boost green money. At the level of unemployment below 5.2%, there has been since April 2008.

CAD weekend will e interesting and CAD as the data that will be published is the change in the number of employed, unemployment rate and index of business activity IVEY. Possible high volatility during the publication of the data. Indicators have a strong impact on the CAD.

AUD beginning of months for Australian currency will be quite exciting. On 1,09,2015 RBA will publish its decision on interest rates. Analysts say there will be no change, but the first reduction this year interest came unexpectedly, it is therefore likely high volatility of AUD during the release notes.