Market Overview

Important upcoming events and publications

Important upcoming events and publications for December, 7 (GMT):

10:00 EU Employment Quarterly Change is unlikely to move the markets and #EUR pairs, but may be important in the context of comparison with the dynamics in the US and Canada.

13:30 U.S. Nonfarm Payrolls are expected to be not so healthy than the previous month data. Analysts forecast increase by 200K, against 250K a month earlier. Meanwhile, expectations probably decreased after the ADP employment estimates in the private sector had shown an increase just for 179K, and did not meet the forecasts at 195K. Immediately after publication markets saw high volatility in #USD.

13:30 Employment Change in Canada today will be published simultaneously with the US statistics and can add some volatility to #CAD pairs. Recently, the data have ceased to be definitely good, therefore unpleasant surprises are not excluded due to the recent fall in oil prices.

See the detailed Economic calendar here

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