Market focus

On Wednesday, 03.10.2018, the economic calendar will remain saturated with statistics on business activity. But after industrial activity, business activity data in the Eurozone and UK services sector will be released. Also, data on business activity in the services sector and non-manufacturing sector will be published in the USA.

More significant data will be released at the US trading session, among which it is worth highlighting data on the change in the number of people employed in the US non-farm sector from ADP. These statistics have a significant impact on the market before the publication of an employment report in the US, which will be released this Friday. Also in the American session, there are data on US oil inventories, which have a significant impact on the oil market. The speech of the  US Federal Reserve Chairman Powell will take place.

Hanzenko Anton