The main events of Wednesday!

Wednesday, October 3, is full of  business activity data in the eurozone, the UK and the USA.

At 03:30 – construction permits  (m / m) (Aug) in Australia, forecast  1.2%, previous value -5.2%.

At 10:55 –  index of business activity in the German services sector (September),  forecast  56.5,  previous value  56.5.

At 11:00 –  business activity data in the euro area:
– Markit Composite business activity index (PMI)  (Sep), forecast 54.2, previous value 54.2.
– Index of business activity in the services sector (September), forecast  54.7,  previous value  54.7.

At 11:30 – index of business activity in the services sector (September) in the UK, forecast 54.0,  previous value  54.3.

At 12:00 – retail sales (m / m) (August) in the eurozone,  forecast 0.2%,  previous value  -0.2%.

At 15:15 – ADP nonfarm employment change (September), the United States,  forecast 187K,  previous value  163K.

At 16:45 – data on business activity in the United States:
– Markit Composite Business Activity Index (PMI) (September), forecast 53.4, previous value 53.4.
– Business activity index (PMI) in the services sector (Sep), forecast 52.9, previous value  52.9.

At 17:00 –  report on activity in the non-manufacturing sector of the United States:
– ISM non-manufacturing employment  (September),  previous value  56.7.
– ISM index of business activity in the non-manufacturing sector (PMI)   (September), forecast 58.1, previous value  58.5.

At 17:30 – data on US oil reserves :
– Crude oil reserves, forecast 1,132M,  previous value  1,852M.
– Cushing (Oklahoma) crude oil reserves, previous value 0.461M.

At 23:00 – the speech of the Fed Chairman Mr. Powell will take place.

Hanzenko Anton