Recap 2014-11-05




  • US ADP improved to 230k vs 220k exp, with a +12k revision to last month’s figure
  • ISM Non-Mfg declined to 57.1 vs 58 exp and 58.6 prev
  • Italy Services PMI improved to 50.8 vs 49.4 exp and 48.8 prev
  • UK Services PMI declined to 56.2 vs 58.5 exp and 58.7 prev
  • AU Services PMI declined to 43.6 vs 45.4 prev
  • Japan Services PMI declined to 48.7 vs 52.5 prev
  • China HSBC Svcs PMI declined to 52.9 vs 53.5 prev
  • EU Retail Sales growth declined to 0.6% YoY vs +1.4% exp and 1.6% prev
  • NZ Employment declined to 5.4% in 3Q vs 5.5% exp and 5.6% prev
  • DOE Oil Inventories rose 460k vs 2350k exp
  • US Mid-term Elections resulted in a solid Republican majority in the Senate


  • Wed: AU Employment, Japan PMI
  • Thu: BoE, ECB, CanadaBuilding Permits, US Jobless Claims, Unit Labor Costs
  • Fri: German Trade Balance, US Employment, Canada Employment, Yellen Speaks
  • Mon: Australia Home Loans, China CPI, Trade Balance, Money Supply, Canada Housing Starts, Australia Business Confidence, House Prices
  • Tue: US Holiday, Japan Eco Watchers Survey, US NFIB Survey
  • Wed: UK Employment, BoE Inflation Report, UK RICS House Price Balance