The main events of Friday!

On Friday, September 7, the day is saturated with data on China’s trade balance, euro area GDP, employment in Switzerland and Canada. The main event of the week will be the publication of an employment  report in the US.

At 02:30 – data on spending in Japan:
– Household spending (m / m) (July), fact -1.2%, previous value 2.9%.
– Household spending (y / y) (July), fact -0.8%, previous value -1.2%.

At 04:30 –  home loans (m / m) (July) in Australia, fact  -0.1%,  previous value -1.1%.

At 06:15 –  China’s trade balance:
– Export volume (y / y),  fact  10.0%, previous value 12.2%.
– Import volume (y / y) (Aug), fact  18.7%,  previous value  27.3%.
– Trade balance (USD) (Aug), fact 39.33B,  previous value  28.05B.

At 08:45 –  employment data in Switzerland:
– Unemployment rate in Switzerland excluding seasonal changes (Aug),  fact  2.4%,  previous value  2.4%.
– Unemployment rate in Switzerland with seasonal changes (Aug), fact  2.6%, previous value  2.6%.

At 09:00 –  data for Germany:
– Volume of industrial production in Germany (m / m) (July),  fact  0.2%, previous value -0.9%.
– Germany’s trade balance (July),  fact  19,0B,  previous value  19,3B.

At 10:30 –  data on real estate in the UK:
– Halifax house price index  (m / m) (Aug),  fact  -0.3%, previous value  1.4%.
– Halifax house price index (y / y) (Aug),  fact  3.9%,  previous value  3.3%.

At 12:00 –  data on the GDP of the eurozone:
– GDP (y / y) (Q2),  fact  2,2%,  previous value  2,2%.
– GDP (q / q) (Q2),  fact 0.4%,  previous value  0.4%.

At 15:30 –  employment  report in the US:
– Average hourly earnings (m / m) (Aug),  fact  0.3%,  previous value  0.3%.
– Average hourly earnings (compared to the same period last year) (y / y) (Aug),  fact  2.7%,  previous value  2.7%.
– Nonfarm payrolls (Aug), fact 191K,  previous value 157K.
– Participation rate (Aug), previous value 62.9%.
– Private Nonfarm payrolls (Aug), fact 190K,  previous value  170K.
– Unemployment rate (Aug),  fact 3.8%,  previous value  3.9%.

Also at 15:30 – employment  data in Canada:
– Employment change in  (Aug),  fact  5.1K, previous value  54.1K.
– Unemployment rate (Aug), fact 5.9%,  previous value 5.8%. AT

At 17:00 – Ivey index of business activity (PMI)  (Aug) in Canada, fact  61.4,  previous value  61.8.

At 20:00 –  number of oil rigs from Baker Hughes in the US,  previous value 862.

Hanzenko Anton