Busy night for markets ahead with crucial announcement both from the US & UK keeping markets on edge.

The US is releasing a few pieces of data, headlined by the ADP Non-Farm Employment Change figures. Other data to come out of the US includes: Revised Non-Farm Productivity, Revised Unit Labor Costs, Final Wholesale Inventories and Crude Oil Inventories. The most important of these figures is the ADP data. As ADP is one of the largest payroll companies in the world, they have a huge database of employment-related data. This includes fluctuations in employment figures. The ADP figure usually trends the same way as the official government employment data that is released two days later. Therefore, markets tend to look at the ADP figure as a good gauge of what to expect from the official government employment figures. These figures have become even more vital considering the Fed Reserve meets later in the month to discuss interest rates.

The UK is publishing its vital Annual Budget Release report later tonight. This report outlines the economic plan for the year ahead, including spending commitments and funding levels. It also includes the economic outlook for the country as the Treasury sees it. The is quite a critical report and has the potential to really move markets. It is even more vital considering the UK is leaving the EU. What impact do they think Brexit will have on the economy? Will it affect trade figures?

Elsewhere around the world, there is still plenty of announcements. Included are: German Industrial Production, French Trade Balance, Swiss CPI and Canadian Housing Starts, Building Permits and Labor Productivity