Market Analysis

04 Dec

This morning UK Construction PMI is expected to fall to 52.3 from 53.1. In the afternoon US Non-Farm Payrolls are expected to fall to 480K from 638K last month. The Unemployment rate is expected to move down to 6.8% from 6.9%.  ...Read More

03 Dec

Today the calendar is filled out by Services PMI releases. Eurozone Services PMI is expected to remain at 41.3, while Retail Sales are expected to rise to 0.7% from -2.0%. In the afternoon US Unemployment Claims are expected to fall to 775K from 778K. US ISM Services PMI is expected to fall to 55.9 from 56.6. OPEC meetings are continuing today. ...Read More

02 Dec

On the calendar today, the Eurozone Unemployment Rate is expected to rise to 8.4% from 8.3%. In the afternoon, US ADP Non-farm Employment Change is expected to rise to 433K from 365K. FED Chair Powell will return to Capitol Hill to testify on the CARES Act before the House Financial Services Committee, in Washington DC. ...Read More

About the author

Phillip Konchar

Beginning with unleveraged equities and progressing via equity margin trading, versatile CFDs and spread betting, Phillip Konchar has successfully curated a career as a dynamic financier. Currently CEO at Trader Cast, he joins us as a Guest Writer.

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