2 Sep 2013
Flash: Countdown to Friday NFP, most pivotal of year? – Deutsche Bank
FXstreet.com (Lisbon) - This Friday’s non-farm payrolls is clearly a key release as it will offer policymakers the final major labor market data before the upcoming Fed meeting, notes Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank.
Key quotes
However, ahead of payrolls, we’ll also have the ISM manufacturing on tomorrow, trade balance and Beige Book on Wednesday and the ADP employment and non-Manufacturing ISM on Thursday.
If that wasn’t enough, we also have the two-day G20 Summit in St. Petersburg starting this Thursday, various central bank meetings around the globe (ECB, BoE, RBA), some key Eurozone data (PMI, Q2 GDP), and the lingering (but seemingly receding) uncertainties around Syria to contend with.
“So despite a Labor Day shortened week in the US, it is shaping up to be anything but dull one for markets.”
Key quotes
However, ahead of payrolls, we’ll also have the ISM manufacturing on tomorrow, trade balance and Beige Book on Wednesday and the ADP employment and non-Manufacturing ISM on Thursday.
If that wasn’t enough, we also have the two-day G20 Summit in St. Petersburg starting this Thursday, various central bank meetings around the globe (ECB, BoE, RBA), some key Eurozone data (PMI, Q2 GDP), and the lingering (but seemingly receding) uncertainties around Syria to contend with.
“So despite a Labor Day shortened week in the US, it is shaping up to be anything but dull one for markets.”