Busy Day in North America [Video]
|Hello, you're watching the Dukascopy FX Economic Calendar for Thursday, 6th of December. German Factory Orders for October open this agenda at 7 o'clock in the morning. Orders were up by point 3% in September after jumping by two and a half percent at the end of the summer. US ADP Employment Report for November is up next at a quarter past 1 PM GMT. Private-sector employment increased by a stronger than expected 227,000 from September to October. It will be busy with North American publications fifteen minutes later. The third quarter Revised US Productivity and Costs stats will be available. According to preliminary report, Nonfarm business sector labour productivity increased 2.2 percent during the third quarter of 2018. US Jobless Claims are also out at this time. Initial claims continued rising during the week ending November 24th and they were up by 10 thousand to 234 thousand. US Trade Stats for October are also published at 1:30 PM. Deficit increased in September to stand at 54 billion US Dollars in the red. Canadian trade report for October wraps up the busy data run at 1:30. Trade deficit narrowed down slightly in September from August's level of nearly 551 million in the red. Then there's a little break and North American data run continues at 3 PM GMT, when the high importance US ISM Non-Manufacturing PMI for November is out. The index slipped in October, but it remains at a high level, standing above the 60-mark. US Factory Orders for October will be available at the same time. Orders were up by a stronger than expected point 7% in September, but they are expected to drop in this publication. Canadian Ivey PMI for November is the last item out at 3 PM GMT. The index jumped by more than 10 percent in October after standing at just slightly above the 50-mark in September. Japanese Household Spending stats for October wrap up this agenda at 11:30 PM GMT. Annual spending dropped to 1.6% in the red in September after standing 2.8% in the green in August. I'm Kiays Khalil and these were the potential market moving events scheduled for Thursday.
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