Categories: Market Overview

Important upcoming events and publications

09:30 U.K. Services PMI is able to influence the British currency, as traders and investors will try to assess how much the uncertainty around Brexit has affected business sentiment. The Manufacturing index last week came out noticeably lower than expectations, while activity in the Construction was above forecast.

14:45 US Services PMI by Markit is interesting because of its comparation with the European business activity indices. In fact, it is the more realistic indicator to track the difference in growth rates between Europe and USA.

15:00 ISM Non-manufacturing PMI is a good indicator of US business activity, but is likely to have less impact on the markets this time, as it is published after the US employment statistics.

See the detailed Economic calendar here

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

Share
Published by
The FxPro Analyst Team
Tags: gbpusd

Recent Posts

Adobe Wave Analysis 3 May 2024

- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…

2 days ago

EURGBP Wave Analysis 3 May 2024

- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…

2 days ago

How Low Can the USDJPY Go?

USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…

3 days ago

Bitcoin’s Downtrend, Solana and Ethereum Form Double Bottom

Market picture  Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…

3 days ago

EURJPY Wave Analysis 2 May 2024

- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…

3 days ago

WTI crude oil Wave Analysis 2 May 2024

- WTI broke round support level 80.00 - Likely to fall to support level 76.00…

3 days ago

This website uses cookies