Economic Calendar

Friday brings, among other things, the latest US labor report, so let's take a closer look with the Economic Calendar. Swiss Retail Sales for July are up first at quarter past 7 AM. Sales rebounded in June, following 2 months of decline. Swiss Manufacturing PMI for August follows at half past 7. The Index inched even higher in July, having reached a 6-year high the previous month. The final... Еще reading of Euro Zone August Manufacturing PMI is out at 8, and the initial estimate suggests the Index remains near a 6-month high; in particular, exports have seen a strong growth. UK Manufacturing PMI for August is scheduled at half past 8, and the Index rebounded in July from the 4-month low reached a month ago. Coming up next at 12:30 PM GMT is the closely watched US Labor Report for August. Now, employment has been a steady performer throughout the year, but the July report still surprised on the upside; however, some analysts note this probably will have little effect on the monetary policy. Canadian Manufacturing PMI for August follows an hour later. The Index returned to growth in July, following two months of easing. The final reading of August University of Michigan Consumer Confidence is out at 2. The preliminary estimate shows a strong recovery, following two months of sub-par performance. And the closely watched US ISM Manufacturing PMI for August is out at 2. The Index eased in July, but it still indicated a strong expansion in the manufacturing sector. So these are the news releases to watch on Friday, the 1st of September. I'm Celeste Skinner and we'll be back with the next overview of news releases for Monday. See you then.

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