market news report

paul-rejczak

Market News Report: February 3, 2020 - February 7, 2020

February 3, 2020, 7:22 AM Paul Rejczak

Last week's economic data releases have been dimmed by China virus crisis intensity on Friday, but there was an increase in volatility following Wednesday's FOMC and the important quarterly earnings releases on Tuesday and Thursday. This week we will have Friday's Nonfarm Payrolls number. But there'll be more interesting economic news releases. Let's take a look at the details.

The week behind

The financial markets have been focusing on series of economic data releases last week. Wednesday's FOMC Monetary Policy Statement has been the most important one and the markets went risk-off after the release, as stocks sold off and gold rallied. But then Thursday's Advance GDP number release along with much-better-than-expected quarterly earnings announcement from Amazon reversed the sentiment once again. Not for long though. On Friday, stock markets plunged and gold rallied following increasing China virus fears.

Let's take a look at the one-hour chart of gold price. The market has begun rallying exactly at the time of last Wednesday's FOMC Monetary Policy Statement release. So, the data brought a lot of short-term volatility, as price accelerated its uptrend following downward correction. Last week, we wrote that it would be a market mover, and it surely was.

The week ahead

What about the coming week? The markets will await Friday's Nonfarm Payrolls, Unemployment Rate releases. On Monday and Wednesday the PMI numbers will be released. The ECB President Lagarde will speak on Wednesday and Thursday and it will likely move the EUR/USD currency pair. There will also be some pretty important economic data releases in Australia on Monday and in Canada on Friday. Investors will continue to react to quarterly earnings releases. Let's take a look at key highlights:

  • Friday's Nonfarm Payrolls number along with the Unemployment Rate will be the most important economic data release this week.
  • On Monday we will get the ISM Manufacturing PMI and on Wednesday we will get the ISM Non-Manufacturing PMI.
  • On Wednesday and Thursday the ECB President Lagarde will speak.
  • On Monday there will also be the important RBA Rate Statement, Cash Rate release in Australia, and on Friday the Employment Change along with the Unemployment Rate will be released in Canada.
  • Last but not the least, we will get more important quarterly earnings releases this week, including Monday's after-hours report release from GOOG.

Let's focus on the Friday's Nonfarm Payrolls number release. Where would the price of gold go following that news release? We've compiled the data since January of 2017, a 36-month-long period of time that contains of thirty seven NFP releases. The following chart shows that gold price was slightly gaining following the release. However, it was retracing its short-term advance around 10 days after the release. Additionally, the biggest advance after the NFP day was +5.06% and the biggest decline was -3.82%.

You will find this week's the key news releases below (EST time zone). For your convenience, we broken them down per market to which they are particularly important, so that you know what to pay extra attention to, if you have or plan to have positions in one of them. Moreover, we put the particularly important news in bold. This kind of news is what is more likely to trigger volatile movements. The news that are not in bold usually don't result in bigger intraday moves, so unless one is engaging in a particularly active form of day trading, it might be best to focus on the news that we put in bold. Of course, you are free to use the below indications as you see fit. As far as we are concerned, we are usually not engaging in any day trading during days with "bold" events on a given market. However, in case of more medium-term trades, we usually choose to be aware of the increased intraday volatility, but not change the currently opened position.

Our Market News Report consists of two different time-related perspectives. The investors' perspective is only suitable for the long-term investments. The single economic data releases rarely cause major outlook changes. Hence, we will only see a handful of bold markings every week. On the other hand, the traders' perspective is for traders and day-traders, because the assets' prices are likely to react on a single piece of economic data. So, there will be a lot more bold markings on potentially market-moving news every week.

Investors' Perspective

Gold, Silver, and Mining Stocks

Monday, February 3

  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Tuesday, February 4

  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate

Crude Oil

Monday, February 3

  • 10:00 a.m. U.S. - ISM Manufacturing PMI
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, February 4

  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 8:30 a.m. Canada - Trade Balance
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:30 a.m. U.S. - Crude Oil Inventories

Thursday, February 6

  • 7:30 p.m. Australia - RBA Monetary Policy Statement
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate

Stock Markets

Monday, February 3

  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • After Close U.S. - GOOG Quarterly Earnings

Tuesday, February 4

  • After Close U.S. - CMG, DIS, GILD Quarterly Earnings
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate

EUR/USD

Monday, February 3

  • 3:55 a.m. Eurozone - German Final Manufacturing PMI
  • 4:00 a.m. Eurozone - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI
  • 1:15 p.m. Eurozone - German Buba President Weidmann Speech

Wednesday, February 5

  • 3:55 a.m. Eurozone - German Final Services PMI
  • 4:00 a.m. Eurozone - Final Services PMI
  • 5:00 a.m. Eurozone - Retail Sales m/m
  • 7:15 a.m. Eurozone - ECB President Lagarde Speech
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI

Thursday, February 6

  • 3:00 a.m. Eurozone - ECB President Lagarde Speech
  • 5:00 a.m. Eurozone - EU Economic Forecasts

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate

USD/JPY

Monday, February 3

  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Tuesday, February 4

  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI

Thursday, February 6

  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate

GBP/USD

Monday, February 3

  • 4:30 a.m. U.K. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Wednesday, February 5

  • 4:30 a.m. U.K. - Composite PMI, Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate

USD/CAD

Monday, February 3

  • 10:00 a.m. U.S. - ISM Manufacturing PMI

Tuesday, February 4

  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 8:30 a.m. Canada - Trade Balance
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 12:30 a.m. Canada - Governor Council Member Wilkins Speech

Thursday, February 6

  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate

AUD/USD

Monday, February 3

  • 10:00 a.m. U.S. - ISM Manufacturing PMI
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, February 4

  • 8:30 p.m. Australia - RBA Governor Lowe Speech
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 7:30 p.m. Australia - Retail Sales m/m, Trade Balance, NAB Quarterly Business Confidence

Thursday, February 6

  • 5:30 p.m. Australia - RBA Governor Lowe Speech
  • 7:30 p.m. Australia - RBA Monetary Policy Statement
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m

Traders' Perspective

Gold, Silver, and Mining Stocks

Monday, February 3

  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • After Close U.S. - GOOG Quarterly Earnings
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, February 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • After Close U.S. - CMG, DIS, GILD Quarterly Earnings
  • 8:30 p.m. Australia - RBA Governor Lowe Speech
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 7:15 a.m. Eurozone - ECB President Lagarde Speech
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. U.S. - Trade Balance
  • 8:30 a.m. Canada - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 7:30 p.m. Australia - Retail Sales m/m, Trade Balance, NAB Quarterly Business Confidence

Thursday, February 6

  • 3:00 a.m. Eurozone - ECB President Lagarde Speech
  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q, Unemployment Claims
  • 9:15 a.m. U.S. - FOMC Member Kaplan Speech
  • 5:30 p.m. Australia - RBA Governor Lowe Speech
  • 7:15 p.m. U.S. - FOMC Member Quarles Speech
  • 7:30 p.m. Australia - RBA Monetary Policy Statement
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate
  • 10:00 a.m. Canada - Ivey PMI
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m

Crude Oil

Monday, February 3

  • 9:30 a.m. Canada - Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 1:15 p.m. Eurozone - German Buba President Weidmann Speech
  • After Close U.S. - GOOG Quarterly Earnings
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, February 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • After Close U.S. - CMG, DIS, GILD Quarterly Earnings
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 8:30 p.m. Australia - RBA Governor Lowe Speech
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 7:15 a.m. Eurozone - ECB President Lagarde Speech
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. U.S. - Trade Balance
  • 8:30 a.m. Canada - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 12:30 a.m. Canada - Governor Council Member Wilkins Speech
  • 4:10 p.m. U.S. - FOMC Member Brainard Speech
  • 7:30 p.m. Australia - Retail Sales m/m, Trade Balance, NAB Quarterly Business Confidence

Thursday, February 6

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q, Unemployment Claims
  • 9:15 a.m. U.S. - FOMC Member Kaplan Speech
  • 5:30 p.m. Australia - RBA Governor Lowe Speech
  • 7:15 p.m. U.S. - FOMC Member Quarles Speech
  • 7:30 p.m. Australia - RBA Monetary Policy Statement
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate
  • 10:00 a.m. Canada - Ivey PMI
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m

Stock Markets

Monday, February 3

  • 3:55 a.m. Eurozone - German Final Manufacturing PMI
  • 4:00 a.m. Eurozone - Final Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 1:15 p.m. Eurozone - German Buba President Weidmann Speech
  • After Close U.S. - GOOG Quarterly Earnings
  • Tentative, U.S. - Loan Officer Survey
  • All Day, U.S. - Wards Total Vehicle Sales

Tuesday, February 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • After Close U.S. - CMG, DIS, GILD Quarterly Earnings
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 8:45 p.m. China - Caixin Services PMI
  • Tentative U.S. - IBD/TIPP Economic Optimism

Wednesday, February 5

  • 3:55 a.m. Eurozone - German Final Services PMI
  • 4:00 a.m. Eurozone - Final Services PMI
  • 5:00 a.m. Eurozone - Retail Sales m/m
  • 7:15 a.m. Eurozone - ECB President Lagarde Speech
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. U.S. - Trade Balance
  • Before Open U.S. - GM, MRK Quarterly Earnings
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • After Close U.S. - QCOM Quarterly Earnings
  • 4:10 p.m. U.S. - FOMC Member Brainard Speech

Thursday, February 6

  • 2:00 a.m. Eurozone - German Factory Orders m/m
  • 3:00 a.m. Eurozone - ECB President Lagarde Speech
  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q, Unemployment Claims
  • Before Open U.S. - BMY, CI, REGN, TWTR, YUM Quarterly Earnings
  • 9:15 a.m. U.S. - FOMC Member Kaplan Speech
  • After Close U.S. - ATVI Quarterly Earnings
  • 7:15 p.m. U.S. - FOMC Member Quarles Speech
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 2:00 a.m. Eurozone - German Industrial Production m/m, German Trade Balance
  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • Before Open U.S. - ABBV Quarterly Earnings
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 3:00 p.m. U.S. - Consumer Credit m/m

EUR/USD

Monday, February 3

  • 3:15 a.m. Eurozone - Spanish Manufacturing PMI
  • 3:45 a.m. Eurozone - Italian Manufacturing PMI
  • 3:50 a.m. Eurozone - French Final Manufacturing PMI
  • 3:55 a.m. Eurozone - German Final Manufacturing PMI
  • 4:00 a.m. Eurozone - Final Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 1:15 p.m. Eurozone - German Buba President Weidmann Speech
  • After Close U.S. - GOOG Quarterly Earnings
  • Tentative, U.S. - Loan Officer Survey
  • All Day, U.S. - Wards Total Vehicle Sales

Tuesday, February 4

  • 2:45 a.m. Eurozone - French Government Budget Balance
  • 3:00 a.m. Eurozone - Spanish Unemployment Change
  • 5:00 a.m. Eurozone - PPI m/m, Italian Preliminary CPI m/m
  • 10:00 a.m. U.S. - Factory Orders m/m
  • 8:45 p.m. China - Caixin Services PMI
  • Tentative U.S. - IBD/TIPP Economic Optimism

Wednesday, February 5

  • 3:15 a.m. Eurozone - Spanish Services PMI
  • 3:45 a.m. Eurozone - Italian Services PMI
  • 3:50 a.m. Eurozone - French Final Services PMI
  • 3:55 a.m. Eurozone - German Final Services PMI
  • 4:00 a.m. Eurozone - Final Services PMI
  • 5:00 a.m. Eurozone - Retail Sales m/m
  • 7:15 a.m. Eurozone - ECB President Lagarde Speech
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. U.S. - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 4:10 p.m. U.S. - FOMC Member Brainard Speech

Thursday, February 6

  • 2:00 a.m. Eurozone - German Factory Orders m/m
  • 3:00 a.m. Eurozone - ECB President Lagarde Speech
  • 4:00 a.m. Eurozone - ECB Economic Bulletin
  • 5:00 a.m. Eurozone - EU Economic Forecasts
  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q, Unemployment Claims
  • 9:15 a.m. U.S. - FOMC Member Kaplan Speech
  • 7:15 p.m. U.S. - FOMC Member Quarles Speech
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance
  • Tentative, Eurozone - French 10-y Bond Auction

Friday, February 7

  • 2:00 a.m. Eurozone - German Industrial Production m/m, German Trade Balance
  • 2:45 a.m. Eurozone - French Industrial Production m/m, French Prelim Private Payrolls q/q, French Trade Balance
  • 4:00 a.m. Eurozone - Italian Retail Sales m/m
  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m
  • 3:00 p.m. U.S. - Consumer Credit m/m

USD/JPY

Monday, February 3

  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • After Close U.S. - GOOG Quarterly Earnings
  • 6:50 p.m. Japan - Monetary Base y/y
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate
  • 10:35 p.m. Japan - 10-y Bond Auction

Tuesday, February 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. U.S. - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 7:30 p.m. Australia - Retail Sales m/m, Trade Balance, NAB Quarterly Business Confidence
  • 10:35 p.m. Japan - 30-y Bond Auction

Thursday, February 6

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q, Unemployment Claims
  • 9:15 a.m. U.S. - FOMC Member Kaplan Speech
  • 5:30 p.m. Australia - RBA Governor Lowe Speech
  • 6:30 p.m. Japan - Average Cash Earnings y/y, Household Spending y/y
  • 7:15 p.m. U.S. - FOMC Member Quarles Speech
  • 7:30 p.m. Australia - RBA Monetary Policy Statement
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 12:00 a.m. Japan - Leading Indicators
  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m

GBP/USD

Monday, February 3

  • 3:55 a.m. Eurozone - German Final Manufacturing PMI
  • 4:00 a.m. Eurozone - Final Manufacturing PMI
  • 4:30 a.m. U.K. - Final Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m

Tuesday, February 4

  • 4:30 a.m. U.K. - Construction PMI
  • 10:00 a.m. U.S. - Factory Orders m/m
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 4:00 a.m. Eurozone - Final Services PMI
  • 4:30 a.m. U.K. - Composite PMI, Services PMI
  • 7:15 a.m. Eurozone - ECB President Lagarde Speech
  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. U.S. - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 4:10 p.m. U.S. - FOMC Member Brainard Speech

Thursday, February 6

  • 3:00 a.m. Eurozone - ECB President Lagarde Speech
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q, Unemployment Claims
  • 9:15 a.m. U.S. - FOMC Member Kaplan Speech
  • 7:15 p.m. U.S. - FOMC Member Quarles Speech
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 2:00 a.m. Eurozone - German Industrial Production m/m, German Trade Balance
  • 3:30 a.m. U.K. - Halifax HPI m/m
  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m

USD/CAD

Monday, February 3

  • 9:30 a.m. Canada - Manufacturing PMI
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • After Close U.S. - GOOG Quarterly Earnings

Tuesday, February 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. U.S. - Trade Balance
  • 8:30 a.m. Canada - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 12:30 a.m. Canada - Governor Council Member Wilkins Speech
  • 4:10 p.m. U.S. - FOMC Member Brainard Speech

Thursday, February 6

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q, Unemployment Claims
  • 9:15 a.m. U.S. - FOMC Member Kaplan Speech
  • 7:15 p.m. U.S. - FOMC Member Quarles Speech
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate
  • 10:00 a.m. Canada - Ivey PMI
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m

AUD/USD

Monday, February 3

  • 12:30 a.m. Australia - Commodity Prices y/y
  • 9:45 a.m. U.S. - Final Manufacturing PMI
  • 10:00 a.m. U.S. - ISM Manufacturing PMI, ISM Manufacturing Prices, Construction Spending m/m
  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, February 4

  • 10:00 a.m. U.S. - Factory Orders m/m
  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock
  • 4:30 p.m. Australia - AIG Construction Index
  • 8:30 p.m. Australia - RBA Governor Lowe Speech
  • 8:45 p.m. China - Caixin Services PMI

Wednesday, February 5

  • 8:15 a.m. U.S. - ADP Non-Farm Employment Change
  • 8:30 a.m. U.S. - Trade Balance
  • 9:45 a.m. U.S. - Final Services PMI
  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI
  • 10:30 a.m. U.S. - Crude Oil Inventories
  • 4:10 p.m. U.S. - FOMC Member Brainard Speech
  • 7:30 p.m. Australia - Retail Sales m/m, Trade Balance, NAB Quarterly Business Confidence

Thursday, February 6

  • 7:30 a.m. U.S. - Challenger Job Cuts y/y
  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q, Unemployment Claims
  • 9:15 a.m. U.S. - FOMC Member Kaplan Speech
  • 4:30 p.m. Australia - AIG Services Index
  • 5:30 p.m. Australia - RBA Governor Lowe Speech
  • 7:15 p.m. U.S. - FOMC Member Quarles Speech
  • 7:30 p.m. Australia - RBA Monetary Policy Statement
  • 10:00 p.m. China - Trade Balance, USD-Denominated Trade Balance

Friday, February 7

  • 8:30 a.m. U.S. - Nonfarm Payrolls, Unemployment Rate, Average Hourly Earnings m/m
  • 8:30 a.m. Canada - Employment Change, Unemployment Rate
  • 10:00 a.m. U.S. - Final Wholesale Inventories m/m

Thank you.

Paul Rejczak
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care

Did you enjoy the article? Share it with the others!

Gold Alerts

More

Dear Sunshine Profits,

gold and silver investors
menu subelement hover background