The main events of Wednesday!

On Wednesday, August 1, the day is saturated with statistics on business activity in the manufacturing sector. But the main focus of the market will be the results of the US Federal Reserve meeting.

At 01:30 – AIG index of manufacturing activity  (July) of Australia,  previous value  57.4.

At 01:45 –  employment data  in New Zealand:
– Employment change (q / q) (2Q), forecast 0.4%, previous value 0.6%.
– Unemployment rate (2 sq.), forecast 4.4%, previous value 4.4%.

At 04:45 – Caixin index of business activity in the manufacturing sector (PMI)  (July) of China,  forecast  50.9, previous value  51.0.

At 09:00 –  data on real estate in the UK:
– Nationwide house price index  (y / y) (July), forecast 1.9%,  previous value 2.0%.
– Nationwide house price index (m / m) (July), forecast 0.1%, previous value of 0.5%.

At 10:55 – index of business activity in the manufacturing sector (PMI) in Germany (July), forecast 57.3,  previous value 57.3.

At 11:00 –  index of business activity in the manufacturing sector (PMI) (July), forecast 55.1,  previous value 55.1.

At 11:30  –  index of business activity in the manufacturing sector (PMI) (July) of the UK, forecast 54.2,  previous value  54.4.

At 15:15 –  ADP nonfarm employment change  (July), forecast 186K, previous value 177K.

At 16:45 – index of business activity in the manufacturing sector (PMI) (July), forecast 55.5,  previous value  55.5.

At 17:00 –  data on business activity in the US:
– ISM manufacturing employment index  (July), forecast 56.0, previous value  56.0.
– ISM manufacturing PMI (July), forecast 59.4, previous value 60.2.

At 17:30 –  data on oil inventories in the US:
– Crude oil inventories, forecast -3,150M,  previous value -6,147M.
– Data on surplus oil inventories in Cushing, Oklahoma, previous value -1,127M.

At 21:00 – the results of the US Federal Reserve meeting :
– FOMC Statement.
– Fed interest rate decision,  forecast  2.00%, previous value 2.00%.

Hanzenko Anton