Live Chat

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Close

US nonfarm payrolls

US nonfarm payroll data for September rounds off the week. The figures released last month smashed expectations after clocking in at 266k versus expectations of a 180k print. Average hourly earnings missed expectations on a month-by-month basis, but annualised growth came in above forecasts at 3.1%. Forecasts this time around are for a 168k increase in payrolls and 0.3% wage growth.

UK services PMI

Another dose of UK economic data, following on from last week’s reading that showed the second-worst pace of contraction for the manufacturing sector since 2012 in December. November’s reading showed the service sector had slipped back into contraction, but business optimism was at a four-month high. Were companies right to be feeling more positive?

Costco December sales release, Walgreens earnings

December is a make or break month for many retailers. With Costco being one of the few major retailers to still issue monthly trading updates, the December report will be closely watched as a gauge for consumer activity over the key shopping season.

Meanwhile, this week also sees Walgreens Boots Alliance, Constellation Brands, Bed Bath & Beyond, and Acuity Brands reporting earnings.

Corporate Diary

Jan 8th – Walgreens Boots Alliance – Q1 2020
Jan 8th – Constellation Brands – Q3 2020
Jan 8th – Bed Bath & Beyond – Q3 2020
Jan 8th – Costco – December Sales Release
Jan 9th – Acuity Brands – Q1 2020

Key Economic Events

(All times GMT)
09.30 GMT 06-Jan UK Services PMI
10.00 GMT 07-Jan Eurozone Flash CPI Estimate
15.00 GMT 07-Jan US ISM Non-Manufacturing Composite PMI
00.30 GMT 09-Jan Australia Trade Balance
00.30 GMT 10-Jan Australia Retail Sales
13.30 GMT 10-Jan US Nonfarm Payrolls / Average earnings

Latest news

Monday, 24 February 2025

Indices

Cava stock price: Cava Group news and forecast

Monday, 24 February 2025

Indices

Cryptocurrency news: 5 Cryptos To Invest In February 2025

Monday, 24 February 2025

Indices

Bitcoin price prediction 2025: What’s Next For The Bitcoin Price

Monday, 24 February 2025

Indices

CBOT Grain Futures: Corn Shorts Surge 17,500 Contracts Ahead of USDA Report

Live Chat