US data and BoC eyed today – Rabobank

Sandeep Kanihama FXStreet Contributor

Rabobank analysts point out that in the US it is ADP employment a few days in the advent calendar ahead of the big chocolatey date that is non-farm payrolls on Friday.

Key Quotes

“We also get the US Markit services PMI, seen 51.6, and the ISM non-manufacturing survey, expected 54.5 and even more important than usual given the nasty downside surprise already seen in the ISM manufacturing survey.”

“Over in Canada we have a rate decision and the BOC are widely-expected to round out the year by doing nothing, letting rates end the year and the decade at 1.75%.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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