-
Non-manufacturing ISM expected to decline
-
Range of central bankers scheduled to deliver speeches
-
German stock market remains shut for the holiday
Around 8:30 am BST - Court of Justice of the European Union ruling on FX-mortgages. EU top court will issue a ruling on FX-mortgages today that will be used as a guide for Polish courts in similar cases. Traders should keep in mind that elevated volatility on PLN-tied FX pairs is likely to accompany the announcement.
9:30 am BST - UK, Services PMI for September. UK construction PMI released yesterday disappointed and slipped deeper into contraction territory. The services gauge is the only one that still sits above the 50 pts threshold but market expects that it has slid to 50.3 pts in September.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app10:00 pm BST - Euro area, Retail sales and PPI inflation for August. While retail sales and PPI inflation can be seen as quite an important data, it should be noted that EUR is likely to move on trade-related headlines today. Having said that, these releases may be overlooked by the market and do not have much of an impact.
1:30 pm BST - US, Jobless claims. Jobless claims reports seldom move the market nowadays. However, a prolonged period of rising claims could be seen as a warning signal. Market consensus expects a reading of 215k.
3:00 pm BST - US, Non-manufacturing ISM for September and factory orders for August. Manufacturing ISM for September showed significant deterioration in the US economy and triggered a sell-off on global stock markets. In case services gauge disappoints and declines more than expected, things may get much worse. Markets consensus expectes a decline from 56.4 pts to 55 pts. Simultaneously, the factory orders report for August will be released and it is expected to show a 0.3% MoM decrease.
Central bankers’ speeches
-
7:45 am BST - Fed’s Evans
-
8:45 am BST - ECB’s Guindos & Fed’s Evans
-
9:10 pm BST - Riksbank’s Ohlsson
-
12:05 pm BST - Riksbank’s Skingsley
-
1:30 pm BST - Fed’s Quarles
-
2:40 pm BST - ECB’s Holzmann
-
3:00 pm BST - BoE’s Tenreyro
-
5:10 pm BST - Fed’s Mester
-
6:00 pm BST - Riksbank’s Ingves
-
6:00 pm BST - Fed’s Kaplan
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
