Prediction: the index of business activity in the Eurozone in October rose

Prediction: the index of business activity in the Eurozone in October rose


The final composite PMI in the Euro zone will be published on Wednesday. According to preliminary forecasts, this figure amounted to 54 points.

MOSCOW, 4 Nov. The composite index of business activity (PMI) in industry and the service sector 19 Eurozone countries, according to the final assessment in October rose to 54 points from 53.6 points in September, the experts, polled by Reuters.

Research organization Markit Economics at 12.00 Moscow time environment will publish the final evaluation of the composite PMI in the Euro zone. The preliminary figure was also 54 points.

The index of business activity in the U.S. services sector in October, according to experts, decreased to 59.5% from September’s 60.2 per cent. American Institute for supply management (Institute for Supply Management, ISM) will publish these statistics at 18.00 GMT.

Commercial oil stocks in the USA (excluding strategic reserves) for the week ended October 30 rose by 2,664 million barrels after rising by 3,376 million barrels a week earlier, according to polled by Reuters analysts. Weekly review of the energy information administration of the Ministry of energy of the country will be announced on Wednesday, 4 November at 18.30 GMT.

Analyst firm Automatic Data Processing (ADP) at 16.15 Moscow time environment will release statistics on the number of jobs in private companies of the United States in October. Analysts predict a growth rate of 180 thousand in the reporting month. The previous month was recorded an increase of 200 thousand.

The trade deficit of the USA in September has decreased to 41.1 billion USD, compared to 48.3 billion in the previous month, according to polled by Reuters analysts. Data the Bureau of economic analysis of the U.S. Department of Commerce will be published on Wednesday, 4 November, at 16.30 GMT.