Market focus

On Thursday, September 5, the economic calendar will be full of significant events. In the morning Australia’s trade balance, Swiss GDP and production orders in Germany are worth highlighting. These statistics will have a restrained effect on national currencies.

The afternoon will be entirely devoted to statistics for the United States. From the US data, it is worth to note:  ADP nonfarm employment change and data on business activity in the US non-manufacturing sector, which will have a significant impact on the dollar, because of the American dollar weakness.

Hanzenko Anton