At 17:00 (GMT+2), the index of business activity in the non-manufacturing sector will be published in the USA. The value is expected to drop to 59.2 points in November from 60.3 points a month earlier. The index represents the results of a survey of managers in the service sector to assess the current economic situation in this industry. A result above 50 indicates a good pace of economic development. Figures below 50, by contrast, indicate a slowdown in the economy. The growth rate supports the USD.
Read more here:
Latest posts by liteforex.com (see all)
- US Baker Hughes Oil Rig Count. United States, 20:00 (GMT+2) - November 15, 2019
- Bank of Canada Governor Stephen Poloz speaks. Canada, 04:45 (GMT+2) - November 15, 2019
- Fed Chair Powell Testifies. USA, 17:00 (GMT+2) - November 15, 2019