Tuesday, September 30, 2014

This weeks Main events

Week’s main events
Time
Region
Indicator
Period
Survey
Actual
Prior
Comments
Wednesday
15:15
US
ADP employment change
Sep.
207k

204k
Two days before the NFP, the ADP report is expected to show that the private sector gained slightly more jobs in September.
17:00
US
ISM manufacturing PMI
Sep.
58.5

59.0
It is forecast to remain near its highest level since April 2011. Could be USD-positive
Thursday
14:45
Eurozone
ECB policy meeting

0.05%
Refi rate

0.05%
Refi rate
The Bank cut all three of its main interest rates at its September meeting and introduced new stimulus measures. The detailed modalities of these ABS/covered bond buying programmes will be announced after the Governing council meeting
15:30
Eurozone
ECB President Mario Draghi holds a press conference after the rate decision.
Friday
15:30
US
Change in Nonfarm payrolls
Sep.
215k

142k
The return to above 200k readings could add further strength to dollar given the current positive sentiment towards the USD

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