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- European session:
European session:
08:45 Italy PMI services (October) 43.9
08:50 France PMI services (October) 44.6
08:55 Germany PMI services (October) seasonally adjusted 50.6
09:00 EU(17) PMI services (October) 46.4
10:00 EU(17) PPI (September) 0.3%
10:00 EU(17) PPI (September) Y/Y 5.8%
11:00 Germany Manufacturing orders (September) seasonally adjusted -4.3%
11:00 Germany Manufacturing orders (September) not seasonally adjusted, workday adjusted Y/Y 2.4%
The dollar headed for a weekly gain versus all its major counterparts before a U.S. labor market report forecast to show hiring slowed last month, boosting demand for safer investments.
The jobless rate was 9.1 percent for a fourth month, the figures may show.
The Swiss franc declined after central bank Governing Board member Jean-Pierre Danthine said the currency remains “high” and policy makers are ready to weaken it further.
EUR/USD: the pair holds in $1,3785-$ 1,3855 area.
GBP/USD: the pair holds in $1,5990-$ 1,6040 area
USD/JPY: the pair holds in Y78,00-Y78,10 area.
The main data release comes at 1230GMT when US non-farm payrolls are forecast to rise 95,000 in October after the stronger than expected
September reading and upward revisions to July and August payrolls. The unemployment rate is forecast to stay at 9.1% for the fourth straight
month.
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