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ADP nonfarm payrolls. USA, 15:15 (GMT+2) 04 Dec

04Dec.202414:15

ADP nonfarm payrolls. USA, 15:15 (GMT+2)

At 15:15 (GMT+2), the US will publish the November data on nonfarm payrolls from Automatic Data Processing (ADP), based on a survey of about 400.0K business sources. The indicator is considered a leading indicator for federal employment data. It may change from 233.0K to 166.0K.

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Producer price index. EU, 12:00 (GMT+2)
04 Dec. 2024 11:00
Producer price index. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), the October data on the producer price index in the euro area is due. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and finished goods are considered). The increase in prices for producers contributes to the growth of consumer inflation in the region. It may change from –0.6% to 0.4% MoM and from –3.4% to –3.5% YoY.

ISM non-manufacturing PMI. USA, 17:00 (GMT+2)
04 Dec. 2024 16:00
ISM non-manufacturing PMI. USA, 17:00 (GMT+2)

At 17:00 (GMT+2), the US will publish the November ISM Services PMI, based on a survey of 375 companies from 17 industries of manufacturing sector and reflects business conditions in the country. It may adjust from 56.0 points to 55.5 points, putting pressure on the dollar.

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