The main events of the day

On Friday, December 1, the day is full of statistical data on business activity in the manufacturing sector. Also, on this day, the market attention will be focused on the news block on Japan and Canada.

Out of unplanned events, the market still monitors the results of the vote on the tax reform in the United States and expectations are gradually becoming negatives. In turn, the bitcoin dynamics is descending, which is due to correction after growth.

At 00:30 – the index of industrial activity in Australia by AIG, the previous value is 51.1.

At 01:30 – publication of a block of news on Japan:
– The Household Expenditure Index in Japan (m/m), the forecast is -1.4%, the previous value is 0.4%.
– The Household Expenditure Index in Japan (y/y), the forecast is -0.4%, the previous value is -0.3%.
– The ratio of the number of vacancies and applicants in Japan, the forecast is 1.53, the previous value is 1.52.
– National Base Consumer Price Index (CPI) in Japan (y/y), the forecast is 0.8%, the previous value is 0.7%.
– The Basic Consumer Price Index (CPI) in Tokyo (Japan) (y/y), the forecast is 0.6%, the previous value is 0.6%.

At 01:50 – the volume of investments in Japan (y/y), the forecast is 3,3%, the previous value is 1,5%.

At 02:00 – New Housing Sales (HIA) in Australia (m/m), the previous value is -6.1%.

At 03:45 – release of the China’s Caixin Business Activity Index (PMI), the forecast is 50.9, the previous value is 51.0.

At 10:30 – release of the Swiss PMI business activity index from SVME, the forecast is 62.6, the previous value is 62.0.

At 10:55 – release of the German Industry Production Index (PMI), the forecast is 62.5, the previous value is 62.5.

At 11:00 – the Euro Area Business Activity Index (PMI), the forecast is 60.0, the previous value is 60.0.

At 11:30 – the UK PMI, the forecast is 56.5, the previous value is 56.3.

At 15:30 – the news block on Canada:
– Changes in employment in Canada, the forecast is 10,0K, the previous value is 35,3K.
– Canada’s GDP (q/q), the previous value is 1.1%.
– Canada’s GDP (m/m), the forecast is 0.1%, the previous value is -0.1%.
– Changes in Canadian GDP per year (quarterly), the forecast is 1.6%, the previous value is 4.5%.
– The unemployment rate in Canada, the forecast is 6.2%, the previous value is 6.3%.

At 16:45 – release of the US PMI, the forecast is 53.8, the previous value is 53.8.

At 17:00 – release of the US industry statistics:
– ISM employment index in the manufacturing sector, the forecast is 60.0, the previous value is 59.8.
– US Industrial Activity Index (PMI) by ISM, the forecast is 58.4, the previous value is 58.7.

At 20:00 – announcement of the number of drill rigs in the US by Baker Hughes, the previous value is 747.

Hansenko Anton