1Finance

Rate decision in Australia and the Eurozone, Employment data from Canada and the US including the ADP report followed by the all-important NFP release.

• Australian rate decision: Tuesday, 3:30. The RBA monitors the recent increase in lending to property investors and further data about the economy’s performance to determine its next move.
• US ADP Non-Farm Employment Change: Wednesday, 13:15.
• US Crude Oil Inventories: Wednesday, 15:30.
• Eurozone rate decision: Thursday, 12:45. The head of the central bank Mario Draghi said the Eurozone economy is stronger, but still fragile and requires more time to rebound. Therefore monetary stimulus may still be raised if required.
• US Unemployment Claims: Thursday, 13:30. Following the positive condition in the labor market together with rising inflation will push the Federal Reserve to raise interest rates this month.
• Canadian employment data: Friday, 13:30.
• US Non-Farm Employment Change and Unemployment rate: Friday, 13:30. Economists expected an increase of 170,000 jobs, and the unemployment rate to remain at 4.7%.

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