US NFP and OPEC meeting amongst market movers this week – Rabobank

Analysts at Rabobank point out the key economic releases and events for the week ahead.

Key Quotes

“The rest of the week sees the RBA tomorrow, the BOE’s Carney(val) in Parliament tomorrow; Aussie Q3 GDP and China’s Caixin services PMI, the RBI rate decision, US ADP employment, the BOC, and the US ISM non-manufacturing on Wednesday; German manufacturing orders and US trade and factory orders on Thursday; and German industrial production and US payrolls on Friday.”

“Of course, there is OPEC on Thursday too, and we will also be building up to peak Parliamentary Brexit madness towards the end of the week.”

USD/CAD plummets to 2-week lows amid surging oil prices/notable USD supply

   •  The latest positive trade-related development keeps exerting pressure on the USD.    •  Surging oil prices underpin Loonie and further collabor
Baca lagi Previous

China: Surprise increase in Caixin manufacturing PMI - TDS

Analysts at TD Securities point out that China’s November Caixin manufacturing PMI rose to 50.2, against the market consensus figure of 50.1 and from
Baca lagi Next