Check out this Thursday’s economic agenda (3) – Money Times


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US service and unemployment data: Check out this Thursday's economic agenda (3) (Image: Getty Images/Canva)

In waiting for Payroll (Friday, 4), the USA discloses the ISM e PMI of services. Furthermore, on this Thursday's economic agenda (3), the North American country will also present the annual number of layoffs and unemployment benefit requests.

According to forecasts from the BTG Pactualthe services ISM should continue in expansionary territory, remaining the main growth vector for the US economy.

For employment data, most members of the Federal Reserve (10 of 19) projected an unemployment rate of 4.4% or higher next year.

It is worth highlighting that the last lines of Jerome Powell and other Fed representatives, signal that the unemployment level is 'very close to maximum employment'. BTG suggests that “this may be more reactive to advances in rates”.

Here in Brazil, the president of the Banco Central, Roberto Campos Netowill have meetings with the president of Suzano at 10am and with the president of Mastercard at 11am.

Furthermore, Campos Neto will participate in a lecture, via video conference, at the “Webinar with Markus Brunnermeier” event, promoted by Princeton University in the early afternoon. And at 6pm he will be at the “Digital Assets Conference Brazil 2024” event, promoted by Mercado Bitcoin and BlackRock. Both will be broadcast on YouTube.

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Check out this Thursday's economic agenda

Time Country Indicator
China Holiday
04h55 Germany Services and Composite Sector PMI (September)
05h00 Zona to Euro Services and Composite Sector PMI (September)
05:30 United Kingdom Services and Composite Sector PMI (September)
05:30 China Retail Sales (August)
06h00 Zona to Euro PPI (August)
08h00 Brazil Latin America Survey (3Q24)
08h00 Brazil Leading Employment Indicator (September)
08:30 USA Layoffs Announced – Challenger (September)
08:30 Zona to Euro ECB Publishes Minutes of Monetary Policy Meeting
09h30 USA Initial Claims for Unemployment Insurance (Weekly)
10h00 Brazil Services and Composite Sector PMI (September)
10h45 USA Services and Composite Sector PMI (September)
11:00 a.m. USA Orders to Industry (August)
21h30 Hong Kong Industrial PMI (September)

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