Investors closely monitored US and Canadian labor market statistics, along with statements from Federal Reserve Chairman Jerome Powell and ECB President Christine Lagarde.
Germany:
● 08:55 a.m. GMT: The manufacturing PMI remained unchanged at 43.0.
Eurozone:
● 09:00 a.m. GMT: The manufacturing PMI dropped to 45.2 from 46.0.
● 10:00 a.m. GMT: ECB President Christine Lagarde delivered a speech.
United States:
● 2:45 p.m. GMT: The manufacturing PMI improved to 49.7 from 48.5.
● 3:00 p.m. GMT: The ISM PMI rose to 48.4, up from 46.5.
United States:
● 3:00 p.m. GMT: The JOLTS job openings report for October revealed an increase to 7.744 million, up from 7.372 million in September.
Germany:
● 8:55 a.m. GMT: The services PMI fell to 49.3 from 51.6.
Eurozone:
● 9:00 a.m. GMT: The composite PMI declined to 48.3 from 50.0, while the services PMI dropped to 49.5 from 51.6.
United Kingdom:
● 9:30 a.m. GMT: The services PMI edged down to 50.8 from 52.0.
United States:
● 1:55 p.m. GMT: The ADP report showed 146,000 jobs were created in the private sector in November, compared to 184,000 in October.
● 3:30 p.m. GMT: Crude oil inventories fell by 5.073 million barrels.
United States:
● 1:30 p.m. GMT: Initial jobless claims rose to 224,000, compared to 215,000 in the previous week.
Eurozone:
● 10:00 a.m. GMT: GDP data for Q3 is anticipated, with annual growth projected at 0.9% and quarterly growth at 0.4%.
United States:
● 1:30 p.m. GMT: The November Nonfarm Payrolls report is expected, forecasting employment growth of 202,000 compared to just 12,000 in October. The unemployment rate is projected to rise to 4.2%.
Canada:
● 1:30 p.m. GMT: Labour market data is expected to show unemployment increasing to 6.6%, alongside a gain of 25,000 jobs.
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