September 04, 2025 a 07:00 pm
🗣️ Economic Interpretation:
- The U.S. service sector exhibits robust growth as evidenced by the ISM indices, suggesting economic expansion.
- Jobless claims show minor increases, indicating potential short-term labor market stress.
- Overall, these figures could strengthen the USD in the short term.
🗣️ Economic Interpretation:
- Declining retail sales could signal weakening consumer demand, with potential negative effects on economic growth.
- Such trends may weigh on the euro, prompting increased caution among investors.
🗣️ Economic Interpretation:
- Rising CPI indicates growing inflationary pressures, posing challenges for the Bank of England's monetary policy.
- This could lead to a stronger GBP if interest rate hikes are anticipated.
🗣️ Economic Interpretation:
- The improving trade balance is a positive indicator for Canada's economy, suggesting a potential uptick in demand for the CAD.
- However, declining PMI suggests caution as the service sector faces headwinds.
🗣️ Economic Interpretation:
- Unemployment holding steady might suggest a stable labor market, but slight increases in the rate may caution against exuberance.
- Overall, limited change is expected for CHF in the near term.
📊 Todays Important Key Figures
Today's economic indicators present a mixed bag for the markets. The U.S. shows resilience in its service sectors, while Canada's trade balance is improving. However, the European market's retail sales are less encouraging, signaling potential short-term pressures. Currency fluctuations are anticipated, with particular eyes on USD, CAD, EUR, GBP, and CHF in response to new data.
💵 United States Dollar (USD)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| ISM Non-Manufacturing Prices (Aug) | 2025-09-04 14:00:00 | 69.9 | 69.2 | 69.5 | -0.7 | High |
| ISM Non-Manufacturing PMI (Aug) | 2025-09-04 14:00:00 | 50.1 | 52 | 50.9 | 1.9 | High |
| ISM Services PMI (Aug) | 2025-09-04 14:00:00 | 50.1 | 52 | 51 | 1.9 | High |
| S&P Global Services PMI (Aug) | 2025-09-04 13:45:00 | 55.7 | 54.5 | 55.4 | -1.2 | High |
| Continuing Jobless Claims (Aug/23) | 2025-09-04 12:30:00 | 1944K | 1940K | 1960K | -4 | High |
| Initial Jobless Claims (Aug/30) | 2025-09-04 12:30:00 | 229K | 237K | 230K | 8 | High |
| Jobless Claims 4-Week Average (Aug/30) | 2025-09-04 12:30:00 | 228.5K | 231K | 229K | 2.5 | High |
| ADP Employment Change (Aug) | 2025-09-04 12:15:00 | 106K | 54K | 65K | -52 | High |
💶 Euro (EUR)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Retail Sales MoM (Jul) | 2025-09-04 09:00:00 | 0.6% | -0.5% | -0.2% | -1.1% | High |
| Retail Sales YoY (Jul) | 2025-09-04 09:00:00 | 3.5% | 2.2% | 2.4% | -1.3% | High |
💷 British Pound (GBP)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| CPI (Aug) | 2025-09-04 08:30:00 | 3.2% | 3.4% | N/A | 0.2% | High |
💵 Canadian Dollar (CAD)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| S&P Global Services PMI (Aug) | 2025-09-04 13:30:00 | 49.3 | 48.6 | 45.1 | -0.7 | High |
| Balance of Trade (Jul) | 2025-09-04 12:30:00 | -5.98B | -4.94B | -4.75B | 1.04 | High |
🇨🇭 Swiss Franc (CHF)
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Unemployment Rate (Aug) | 2025-09-04 07:00:00 | 2.7% | 2.8% | 2.8% | 0.1% | High |