Article by ForexTime
The week ahead will be quite busy with important data releases and events. These include US non-farm payrolls and Bank of England policy meeting.
On Monday, manufacturing PMI results are released by Markit for various countries, including China, Europe, UK and the US.
Personal income and construction spending numbers are also released from the US.
On Tuesday, Australia sees the publication of retail sales and trade balance numbers. More importantly, the Reserve Bank of Australia will hold a policy meeting and announce interest rates.
Also on Tuesday, the UK Nationwide house price numbers and latest construction PMI results are published while from the US we will see the release of factory orders data.
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On Wednesday, services PMI results are published by Markit for many countries worldwide.
Focus will mainly be on the Bank of England which will announce its latest interest rate decision.
From the US, the private jobs report from ADP are out. Apart from employment numbers, international trade figures are published as well in the US.
On Thursday, labour market data are released in Australia.
Later from Europe, Germany publishes industrial orders numbers plus construction and retail PMI data. Also, industrial output figures are released in the UK.
From the US we will see initial jobless claims numbers.
On Friday, the Bank of Japan announces its latest interest rate decision.
From Europe it would be interesting to watch for industrial output numbers out of Spain, Germany and France. The UK also sees the release of trade data.
The highlight of the week will likely be the US non-farm payrolls data on Friday. Since a Fed rate hike in September is data dependent, all eyes will be focused on this labour market update.
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