US
0830 ET Jul non-farm payrolls expected +193,000, Jun +213,000. Jul private payrolls expected +190,000, Jun +202,000. Jul manufacturing payrolls expected +25,000, Jun +36,000. Jul unemployment rate expected -0.1 to 3.9%, Jun +0.2 to 4.0%.
0830 ET Jul avg hourly earnings expected +0.3% m/m and +2.7% y/y, Jun +0.2% m/m and +2.7% y/y. Jul avg weekly hours all-employees expected unch at 34.5 hours, Jun unch at 34.5 hours.
0830 ET Jun trade deficit expected -$46.5 billion, May -$43.1 billion.
0945 ET Final-Jul Markit U.S. services PMI expected unch at 56.2, prelim-Jul -0.3 to 56.2.
1000 ET Jul ISM non-manufacturing index expected -0.5 to 58.6, Jun +0.5 to 59.1.
ITA
0345 ET Italy Jul Markit/ADACI services PMI expected -0.6 to 53.7, Jun +1.2 to 54.3.
0400 ET Italy Jun industrial production expected +0.4% m/m and +1.5% y/y, May +0.7% m/m and +2.1% y/y (nsa).
0500 ET Italy Jun retail sales expected +0.1% m/m, May +0.8% m/m and +0.4% y/y.
FRA
0350 ET Revised France Jul Markit services PMI, previous 55.3.
GER
0355 ET Revised German Jul Markit services PMI, previous 54.4.
EUR
0400 ET Revised Eurozone Jul Markit composite PMI, previous 54.3.
0500 ET Eurozone Jun retail sales expected +0.4% m/m and +1.4% y/y, May unch m/m and +1.4% y/y.
UK
0430 ET UK Jul Markit/CIPS services PMI expected -0.4 to 54.7, Jun +1.1 to 55.1.
Commodity Calendar – Friday 8/3/2018
Date Time Event Survey Prior
8/3/2018 13:00 Baker Hughes U.S. Rotary Gas Rigs 3-Aug — 186
8/3/2018 13:00 Baker Hughes U.S. Rotary Oil Rigs 3-Aug — 861
8/3/2018 13:00 Baker Hughes U.S. Rig Count 3-Aug — 1048