Economic data highlights euro, loonie and greenback


Early in the day:

The start of the day on the economic calendar was particularly calm this morning. There were no major statistics for the early morning markets to take into account.

Major

As of this writing, the Japanese yen was down 0.03% to 111.440 yen against the US dollar, while the Australian dollar was up 0.07% to $ 0.7277. The Kiwi dollar rose 0.03% to $ 0.6916.

The day to come

For the euro

It’s a relatively calm day ahead on the economic calendar. The German economy is once again the center of attention, with industrial production figures for August expected before the opening.

With little to focus on and market concerns about growth lingering, expect the numbers to influence.

In the United States, jobless claims will also generate interest ahead of tomorrow’s nonfarm payroll figures.

At the time of writing, the euro was stable at $ 1.1556.

For the pound

It’s a relatively calm day ahead on the economic calendar.

Labor productivity figures for the 2sd quarter will be finalized later today.

However, we don’t expect the numbers to have a big impact on the pound sterling.

At the time of this writing, the pound was up 0.05% to $ 1.3589.

Across the pond

It is a calm day ahead, with the first unemployment claims in sight.

With the markets focused on tomorrow’s NFP numbers, expect today’s numbers to generate a lot of interest. Claims have not yet fallen below the level of 300,000 since the pandemic …

On Wednesday, the US dollar spot index rose 0.31% to 94.266.

For the loonie

It’s a relatively calm day for the loonie. The Ivey PMI figures for September are expected to be released later today.

With little else to consider, the numbers will influence although market risk sentiment and sentiment towards the global economy will remain key,

At the time of this writing, the loonie was up 0.01% to C $ 1.2589 against the US dollar.

For an overview of all of today’s economic events, check out our economic calendar.

This article originally appeared on FX Empire

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