US Nonfarm Payrolls out today.

Following on from yesterdays releases of servicing and composite PMI for the USD, GBP and EUR the attention now turns to tomorrow when US non-farm payrolls are released.

GBP (British Pound): The GBP has a quiet week ahead with no major releases so will react off of other releases as well as broader economical and political developments. The next major releases for the GBP arrive next Thursday when Industrial and manufacturing production figures are released as well as Gross domestic product figures for August.

EUR (Euro): The Euro also has a quiet end to the week with the only release of note being German factory orders this morning. Looking ahead to next week we have the Sentix investor confidence survey which will help to gauge the current sentiment toward the Eurozone economy.

Later in the week we have German CPI figures being released. This will be a key indicator of how well the German economy is recovering following on from notably poor figures released recently. We also have CPI for both Spain and France out on Thursday

USD (United States Dollar): The Major release for today is the Nonfarm Payrolls report. This report considered to be the most important in the Forex market shows the change in full employment within the US. This has the potential to shape the coming weeks in the forex markets.

Looking ahead to next week we have a US bank holiday on Monday followed by the producer price index on Wednesday.

Economic Calendar