Good day one and all
So the euro adds a layer to its teflon coat and 97.25 becomes USDJPY’s new 97.50
Highlight of this morning’s data will be the UK services PMI at 08.28. Given the sector’s large % make-up of GDP this is the one that really matters still. Weaker headline manufacturing and construction this week will lead to a bit of GBP caution ahead of the release, unless of course we get the not-unusual bullish leaks. Definitely one to watch anyhow.
The weekly inital jobless claims will still be released at 12.30 GMT and in the absence of tomorrow’s NFP report will be our latest/only US jobs outlook for another week.
Have a good session out there
Times GMT
Economic Data 3 October