US jobless claims are coming out
The USA will publish unemployment claims on October 22 at 15:30 MT time. How to trade after the release?
British services activity inches up in July
In July, activity in the British service sector surged more than expected, putting an end to two months of dips and spurring optimism over the UK economy because the sector makes up nearly 80% of GDP, as industry data disclosed on Thursday.
As market research group IHS Markit states, the previous month seasonally adjusted IHS Markit/CIPS services purchasing managers’ index went up to 53.8 from June’s reading of 53.4.
Experts had hoped that the index would ascend to 53.6.
On the index, a reading above 50.0 stands for expansion in the industry. On the contrary, an outcome below 50.0 points to contraction.
The research group stressed that the reading appeared to be a moderate uptick from June’s four-month dip and also warned that optimism as for the business outlook was still subdued.
On the other hand, the report confessed that employment numbers tacked on at the fastest tempo since January 2016.
Meanwhile, in London FTSE 100 sank 0.33%.
Similar
CAD is in focus
Canada’s retail sales will be out on October 21 at 15:30 MT time. Get ready with us for this event!
Start the week with fresh analytics!
The market is resilient ahead of the speeches of Fed’s Powell and ECB President Lagarde, but there are still interesting movements.
Latest news
Final debate and stimulus talks are in focus
Three main drivers of the market: the stimulus package, the US presidential election and the coronavirus. Let's look how market reacts.
GOOGLE: in the crosshairs
The US Department of Justice thinks 87% a market share is too much for Google alone. The market thinks it's ok.
All attention to Euro
EU Flash Manufacturing & Services PMI will come out on Friday at 11:00 MT time!
Deposit with your local payment systems
