Manufacturing PMI page 2

Key events:

Key events:        

Key events: UK - Composite PMI (Nov)   UK - Services PMI (Nov)   USA - ISM Non-Manufacturing PMI (Nov)  

Key events:   Eurozone – ECB's Supervisory Board Member Jochnick Speaks      Eurozone – ECB's De Guindos Speaks     The dollar weakened against all of the Big Ten currencies except the Swiss franc on Thursday. It showed a three-day decline and closed at its lowest level since August 12.  DXY held positions at 105.80 during yesterday's trading session, consolidating after aggressive selling the day before, which resulted in the asset having to retreat to local lows again.

Key events: UK – BoE MPC Member Cunliffe Speaks      USA – 2-Year Note Auction   USA – 5-Year Note Auction   New Zealand – Trade Balance (MoM) (Oct) New Zealand – Trade Balance (YoY) (Oct)   Apart from the opening of the World Cup in Qatar and the start of the "Turkish operation" against the Kurdish militia in Syria, the weekend was rather quiet.  Another working week. What to expect?

Key events: UK – Manufacturing PMI (Oct)   USA – ISM Manufacturing PMI (Oct)   USA – JOLTs Job Openings (Sep)   New Zealand – Employment Change (QoQ) (Q3) Despite the complete absence of any fundamental reasons for the rapid growth, the markets are behaving very positively. The level of negativity in the market sentiment, lately, is so great that it takes just a little bit to accelerate upwards - everyone is hungry for growth. All key indices demonstrated an uptrend of 4% to 8% last week.

Key events: New Zealand - Labor Day UK - Composite PMI    UK - Manufacturing PMI    UK - Services PMI