The main events of the day

On Friday, January 5, the day is full of news, but mainnly the market will be focused on the report on employment in the US.

The driver of the market is still the dynamics of stock indices and raw materials, which put pressure on the American currency. In the crypto currency market, there is a change in leaders.

At 02:30 – publication of Australia’s trade balance, the forecast is 0.550D, the previous value is 0.105D.

At 09:00 – publication of the volume of retail sales in Germany (m/m), the forecast is 1.1%, the previous value is -1.2%.

At 12:00 – preliminary data on inflation in the euro area:
– Basic consumer price index (CPI) in the euro area (y/y), the forecast is 1.0%, the previous value is 0.9%.
– Consumer price index (CPI) in the euro area (y/y), the forecast is 1.4%, the previous value is 1.5%.

At 15:30 – publication of a report on employment in the US:
– Average hourly wages in the USA (m/m), the forecast is 0.3%, the previous value is 0.2%.
– Change in the number of employed in the non-agricultural sector of the US, the forecast is 190K, the previous value is 228K.
– 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 185K, the previous value is 221K.
– The US trade balance, the forecast is -49.50D, the previous value is -48.70D.
– The unemployment rate in the US, the forecast is 4.1%, the previous value is 4.1%.

Also, at 15:30 – data on employment in Canada:
– Change in employment in Canada, the forecast is 1.0K, the previous value is 79.5K.
– Canada’s trade surplus, the forecast is -1.20V, the previous value is -1.47V.
– The unemployment rate in Canada, the forecast is 6.0%, the previous value is 5.9%.

At 17:00 – data on the US and Canada:
– The volume of orders for durable goods in the US (m/m), the previous value is 1.3%.
– The volume of industrial orders in the US (m/m), the forecast is 1.1%, the previous value is -0.1%.
– The index of employment in the non-manufacturing sector (ISM) of the United States, the previous value is 55.3.
– The index of business activity in the non-manufacturing sector (PMI) of the USA by ISM, the forecast is 57.8, the previous value is 57.4.
– The index of business activity in Canada by Ivey, the forecast is 62.2, the previous value is 63.0.

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

Hanzenko Anton