We end this week with Unemployment Rate in the US and Construction PMI in the UK as the major events of the day. Here is an outlook on the market-movers awaiting us.
In the US, Unemployment Rate, value by percentage of the total work force of unemployed and actively looking for jobs, 7.5% is due from 7.6% on the last month.
Later in the US, Non-Farm Employment Change, measures the employed people (not including the farming industry), 180K is forecasted now from 195K on July.
Later on in the US, James Bullard, Federal Reserve Bank of St. Louis President is due to speak in Boston.
More in the US, Factory Orders, the total value of new manufacturers` purchase orders, rise of 0.2% is likely now up to 2.3%.
Moreover in the US, Core PCE Price Index, calculates the consumers` price change for goods and services (without food and energy), 0.1% is expected similar to the previous time..
Also in the US, Average Hourly Earnings, shows the price change that businesses pay for labor (without the farming industry), reduce down from 0.4% on July to 0.2%.
Finally in the US, Personal Income is due now with 0.5% similar to the last report. And rise of 0.2% is due on the Personal Spending up to 0.5%.
In Europe, Producer Price Index (PPI); producers price change of finished goods and services, 0.1% is predicted now from -0.3% on July.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Construction Purchasing Managers’ Index (PMI), Monthly business conditions Survey to value the level of employment, new orders, supplier deliveries, and inventories, rise of 0.6 points is due now up to 51.6 points.
Read more about the Pound in the GBP/USD forecast.
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