Economic Calendar

The last day of August is packed with known market movers; let's find out more. German July Retail Sales are up first at 6 AM, and the June data came in stronger than expected, posting the strongest growth in 5 months. The closely watched German Labour Report for August is out at 8, and the already-low unemployment rate inched even lower in July, reaching its lowest level in more than 3 decades... Еще. The highly anticipated Euro Zone August CPI follows at 9. The annual inflation eased in July but the core reading actually saw some growth. Euro Zone Unemployment Rate for July is due at the same time. The unemployment rate has been slowly but steadily decreasing for the past 5 months and improvement has been recorded across the board, although unemployment remains notably high in Greece and Spain. Coming up next at 12:30 PM GMT is the closely watched weekly update on US Jobless Claims. The initial claims went up by 2 thousand during the week ending August 19 whereas the continuing claims stood unchanged during the week ending August 12. US Personal Income & Spending for July is out at this time as well. Income stood unchanged in June, following more than 3 years of steady growth, but spending did inch slightly higher. And Canadian second quarter GDP comes at the same time, which is a high importance release for the Loonie Dollar traders. Now, Canadian GDP data is also released on a monthly basis, and the May reading was much stronger than anticipated. ISM Chicago PMI for August follows at 1:45. The Index lost almost 7 points in July, although it remains well in the positive territory. US Pending Home Sales for July will be available at 2. Sales finally returned to growth in June, following 3 months of decline. Australian Performance of Manufacturing Index for August is due at half past 11 in the evening. The Index gained 1 point in July as growth was recorded across most subsectors. Chinese Caixin Manufacturing PMI for August is scheduled at 1:45 AM. The Index picked up speed in July, reaching a 5-month high. And Japanese Consumer Confidence for August concludes the schedule at 5. The Index rebounded in July, having slopped to a 3-month low the previous month. I'm Jessica Walker and this was the Economic Calendar for Thursday, the 31st of August. Check back in for the next overview of news releases for Friday. Goodbye.

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