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USD: dollar braces for a flurry of key data releases this week

This week US markets are poised for a variety of data releases including personal spending, several Fed speeches and ISM manufacturing PMI for November.

At the end of the week, America’s markets will get an insight into the number of new jobs added to the economy with the latest non-farm payrolls data scheduled in at lunchtime.

The last data release revealed that The US economy added 261K jobs in October which was stronger than expected and above market forecasts of 200K. Despite being the weakest reading since December of 2020, figures pointed to a strong albeit slowing labour market. Those figures are expected to ease gently in Friday’s release.

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