The main events of Thursday!

On Thursday, December 6, the day is full of statistics on the US and data on the trade balance of Australia and Canada.

At 02:01 – RICS house price balance  (November) UK,  previous value -10%.

At 02:30 – data on the Australian trade balance:
– Retail sales (m/m) (October), forecast 0.2%,  previous value 0.2%.
– Trade balance (Oct), forecast 3,200B, previous value 3,017B.

At 09:00 – factory orders in Germany (m/m) (October),  forecast  -0.4%, previous value  0.3%.

At 15:15 – ADP nonfarm employment change  (November), forecast  195K,  previous value  227K.

Also at 15:15 – housing starts (November) in Canada,  previous value  205.9K.

At 15:30 – US data will be released:
– Export volume, previous value 212.57B.
– Import volume, previous value 266.58B.
– Initial jobless claims, forecast 225K,  previous value of 234K.
– Non-farm productivity  (q/q) (Q3), forecast 2.3%,  previous value  2.2%.
– Trade balance (oct), forecast -55.00B, previous value -54.00B.
– Labor costs (q/q) (Q3), forecast 1.1%, previous value 1.2%.
– Labor costs (q/q) (Q3), forecast 1.2%, previous value 1.2%.

Also at 15:30 – trade balance (October) of Canada,  forecast  -0.70B,  previous value -0.42B.

At 15:35 – the speech of the Bank of Canada Governor Poloz will take place.

At 16:45 – data on business activity in the United States:
– Markit Composite index of business activity (PMI)  (November),  previous value 54.4.
– Index of business activity (PMI) in the services sector (November), forecast 54.4,  previous value  54.4.

At 17:00 – a block of news about the USA:
– Nondefense capital goods shipments (excluding aircraft) (m/m), previous value 0.3%.
– Factory orders (m/m) (October), forecast -2.0%,  previous value  0.7%.
– ISM non-manufacturing employment index  (November),  previous value 59.7.
– ISM non-manufacturing business index (PMI)  (November), forecast 59.2, previous value 60.3.

At 17:00 – Ivey index of business activity (PMI)  (November), Canada,  forecast 59.7,  previous value  61.8.

At 18:00 – US crude oil inventories will be released:
– Crude oil inventories, forecast -0.942M,  previous value 3.577M.
– Cushing (Oklahoma) crude oil inventories, previous value  1.177M.

Hanzenko Anton