Trading plan for 01/09/2017:
The financial markets across the globe are waiting for the NFP Payrolls data today, so the overnight developments were very limited. Among the major currencies, the changes are minor with the best CAD performance after impressive GDP data from yesterday. At the other end is SEK and CHF. The stock market extends positive sentiment from the US and Europe.
On Friday 1st of September, the main event in the economic calendar is, of course, NFP Payrolls release during the beginning of the US session. Nevertheless, before that, a series of Manufacturing PMI’s from across the Eurozone will be released during the London session (the UK PMI will be presented as well). The US job market data are scheduled for release as usual at 12:30 pm GMT: Unemployment Rate, Non-Farm Employment Change, Average Hourly Earnings, and Participation Rate data will all be released at once.
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