What's up for your forex trading next week?

Key events and releases

Monday, September 4th

  • US and Canada holiday
  • UK Construction PMI for August. 4:30 AM ET/0830 GMT. Estimate 52.0 vs 51.9 last month

Tuesday, September 5th

  • RBA interest rate statement. No change expected. 12:30 AM ET/0430 GMT
  • UK Service PMI for August. 4:30 AM ET/0830 GMT. Estimate 53.5 vs 53.8 last
  • US Factory orders for July. 10 AM ET/1400 GMT. Estimate -3.2% vs -3.0%.

Wednesday, September 6th

  • Australia GDP 2Q. 9:30 PM ET (Tuesday)/0130 GMT. Estimate 0.8%. Last 0.3%. YoY est 1.8% vs 1.7% in 1Q
  • Canada Trade balance for July. 8:30 AM ET/1230 GMT. The estimate is -3.3b vs -3.6b last month.
  • BOC interest rate statement. 10 AM ET/1400 GMT. No change is expected.
  • US ISM non manufacturing PMI. 10 AM ET/1400 GMT. Estimate 55.4 vs 53.0 last month

Thursday, September 7th

  • Australia retail sales for July. 9:30 PM ET (Wednesday)/0130 GMT. Estimate 0.2% vs 0.3% last month.
  • Australia trade balance for July. 9:30 PM ET (Weds)/0130 GMT. Estimate A$950M vs A$856M
  • ECB interest rate decision. No change expected. 7:45 AM ET/1145 GMT. The ECB commented today that any change in bias won't be made until December. Draghi has press conference at 8:30 AM ET/1230 GMT.

Friday, September 8th

  • UK Manufacturing Production 4:30 AM ET/0830 GMT. The July estimate is for a gain of 0.3% vs 0.0% last month. Industrial production is estimate 0.2% vs 0.5%
  • Canada employment change. 8:30 AM ET/1230 GMT. The Canada employment is expected to add 15K vs 10.9K last month. The unemployment rate is expected to come in at 6.3% vs 6.3% last.
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