After quite a busy week for markets in which President Donald Trump grabbed most of the headlines, the week is rounded out with some important announcements from the US.

The US is releasing crucial employment-related data in the early hours of tomorrow morning. Data out of the US includes: Non-Farm Employment Change, Unemployment Rate, Average Hourly Earnings, Final Services PMI. ISM Non-Manufacturing PMI and Factory Orders. The most crucial is the Non-Farm Employment Change figure. This figure states the change in the number of employed people during the previous month, excluding the farming industry. Non-Farm data is a vital piece of data that the Fed Reserve uses when deciding whether to increase or decrease interest rates. This data does tend to move markets as well, because of how crucial it is to monetary policy. Average Hourly Earnings is quite important too as it notes how much wages have increased or decreased during the previous month. This is important as an increase in wages allows for a better standard of living for workers. It also means more disposable income for workers, which can in turn mean increased spending, which grows the economy. Meanwhile, Fed Reserve Member Charles Evans is due to speak.

Europe is also releasing a host of data later tonight. This includes: Spanish & Italian Services PMI’s, European/German & French Final Services PMI’s, Italian Prelim CPI and finally, European Retail Sales. The PMI figures are important to help determine the strength of the services sector, both in Europe as a whole and the individual national economies within it.

Elsewhere, the UK is publishing its Services PMI data.