Economic calendar: PMIs and ADP Nonfarm Employment Change

Markets await US election results
European indices futures plunging
Several key macro events scheduled for today

Following a long US election night, markets are now almost solely focused on results. As we have seen some huge reactions due to many twists, traders might still want to pay attention to some events scheduled for today. In fact, the calendar is quite hectic with a few crucial macro events including various PMIs releases from European countries as well as US ADP Nonfarm Employment Change.

8:15 am GMT - Spain, services PMI for October. Expected: 40.0

8:45 am GMT - Italy, services PMI for October. Expected: 47.0

8:50 am GMT - France, services PMI for October. Expected: 46.5

8:55 am GMT - Germany, services PMI for October. Expected: 48.9

9:30 am GMT - UK, services PMI for October. Expected: 52.3

1:15 pm GMT - US, ADP Nonfarm Employment Change in October. Expected: 600k. Previously: 749k

1:30 pm GMT - US, trade balance in September. Expected: -63.9 bn. Previously: -67.1 bn

2:45 pm GMT - US, services PMI for October. Expected: 56.0

3:00 pm GMT - US, ISM Non-Manufacturing PMI for October. Expected: 57.5

3:30 pm GMT - DOE report on inventories change

Crude oil. Expected: 2 million barrels
Distillate. Expected: -2 million barrels
Gasoline. Expected: -1.2 million barrels

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