US employment on Friday highlights the holiday shortened week
Monday is a holiday in China, UK, and the US. That could have an impact on the trading on Monday. Nevertheless, ECBs Draghi is due to testify about the economy and monetary developments before the Economic and Monetary Affairs Committee, in Brussels. In addition, the G7 meeting will conclude on Saturday and with world on terrorist alert after the attack this week in Manchester, risks are real.
What are the key events and releases that will move the markets next week?
Monday:
- ECB Draghi testimony at 9 AM ET/1300 GMT
Tuesday:
- Germany preliminary CPI (all day)
- US personal income in and spending at 8:30 AM ET/ 1230 GMT
- US Conference Board Consumer Confidence 10 AM ET/1400 GMT
Wednesday
- RBNZ Financial Stability Report at 5 PM ET (Tuesday)/2100 GMT (Weds)
- China Manufacturing /Non-Manufacturing PMI at 9 PM ET (Tuesday)/0100 GMT (Weds)
- EU CPI Flash estimate at 5 AM ET/0900 GMT
- FOMC Kaplan speaks at 8 AM ET/1200 GMT
- CAD GDP at 8:30 AM ET/1230 GMT
Thursday
- Australia Retail Sales at 930 AM ET/0130 GMT
- UK Manufacturing PMI 4:30 AM ET/0930 GMT
- US ADP Non Farm Payroll at 815 AM ET/1215 GMT
- US ISM Manufacturing PMI at 10 AM ET/1400 GMT
Friday
- UK Construction PMI at 4:30 AM ET/0830 GMT
- CAD Trade Balance at 8:30 AM ET/1230 GMT
- US Unemployment statistics at 8:30 AM ET/1230 GMT
- US Trade balance at 8:30 AM ET/1230 GMT
