The main events of the day

On Friday, February 2, the market will be focused on employment data in the US. The probability of a rate hike in the US in March will largely depend on employment.

At 02:30 – data on Australia:
– Producer Price Index (PPI) in Australia (q/q), the forecast is 0.2%, the previous value is 0.2%.
– Producer Price Index (PPI) in Australia (y/y), the forecast is 1.2%, the previous value is 1.6%.

At 11:30 – the index of business activity in the construction sector of the UK, the forecast is 52.0%, the previous value is 48.1.

At 15:30 – the report on employment in the US:
– Average hourly wage in the US (m/m), the forecast is 0.3%, the previous value is 0.3%.
– Change in the number of employed in the non-agricultural sector of the US, the forecast is 184K, the previous value is 148K.
– The proportion of economically active population in the US, the previous value is 62.7%.
– Change in the number of employed in the private non-agricultural sector of the US, the forecast is 180K, the previous value is 146K.
– The unemployment rate in the US, the forecast is 4.1%, the previous value is 4.1%.

At 17:00 – the volume of industrial orders in the US (m/m), the forecast is 1.5%, the previous value is 1.3%.

At 20:00 – the number of drilling rigs in the US from Baker Hughes, the forecast is 758, the previous value is 759.

Hanzenko Anton