Morning Coffee: Economic & Earnings Calendar for December 5, 2011

Posted on December 5, 2011

What’s Happening Today?

Beginning at midnight, PMI reports measuring economic activity in the service sector of 12 country’s are released. The reports will end with the Institute of Supply Management Non-Mfg Index for November. Last night HSBC reported that Japan’s November PMI services index declined while the HSBC China Services PMI showed that the service sector in China is slowing but healthier than its Manufacturing Sector.   

According to The Guardian, a british daily newspaper, Iranian armed forces shot down a U.S. drone aircraft yesterday that violated Iranian airspace along its eastern border. We’ll have to see how this will impact crude oil prices.

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All times US Eastern Standard Time.

Today’s Global Economic Calendar
MIDNIGHT Russian Flag Russia: Services PMI Index
MIDNIGHT Flag of India India: Services PMI Index
12:30 AM UAE: Composite PMI Index
12:30 AM Saudi Arabian Flag Saudi Arabia: Composite PMI Index
02:00 AM Ireland Flag Ireland: Services PMI Index
03:15 AM Spain: Services PMI Index
03:45 AM Italian Flag Italy: Services PMI Index
03:50 AM Flag of France France: Services PMI Index
03:55 AM German Flag Germany: Services PMI Index
04:00 AM European Union EMU: Services PMI Index
04:30 AM British Flag UK: Services PMI Index
07:00 AM Brazilian National Flag Brazil: Services PMI Index
10:00 AM US Flag US: Factory Orders
10:00 AM US Flag US: ISM Non-Mfg Index
10:30 PM Australian Flag Australia: RBA Announcement

There are no notable earnings being reported today.

Posted in: Morning Coffee