What are the main events for today?

  • The US Job Openings data is the main highlight
news market moving 2

In the European session, we get the final readings of the PMIs for the major European economies. These are rarely market-moving because the market moves more on new information given by the flash PMIs. Therefore, they are unlikely to change anything for the market.

In the American session, we have the US Job Openings data. The consensus sees 7.378M in July vs 7.437M in the prior month. This is one of the most lagging labour market indicators given that it's two months old data, nonetheless it could give us some more details on the labour market conditions in July which is what the last NFP reported on.

Central bank speakers:

  • 07:30 GMT/03:30 ET - ECB's Lagarde (neutral - voter)
  • 07:30 GMT/03:30 ET - BoE's Mann (neutral - voter)
  • 08:00 GMT/04:00 ET - RBA's Bullock (neutral - voter)
  • 13:00 GMT/09:00 ET - Fed's Musalem (neutral - voter)
  • 17:30 GMT/13:30 ET - Fed's Kashkari (neutral - non voter)

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