Thursday brings a very important news release for Pound traders, so let’s find out more. Swiss Consumer Confidence for October is up first at 6:45 AM. The Index rebounded in September and now stands well above its long-term average; in particular, consumers are more increasingly optimistic about economic growth and job market. Swiss Retail Sales for September follow at 8:15. Sales slipped in August, having stood unchanged the previous month. The closely watched German Labour Report for October is out at 9. The unemployment rate remained unchanged in September, standing at a decades-low level. The final reading of Euro Zone October Manufacturing PMI comes at the same time. The preliminary estimate puts the Index at a 6-year high in light of solid growth in both Germany and France. UK Markit Construction PMI for October will be available at 9:30. The Index plunged by 3 points in September, slipping in the negative territory for the first time in more than a year. Bank of England will release its latest Monetary Policy Statement at noon GMT, together with the Quarterly Inflation Report. It is actually a very highly anticipated event as, for the first time in years, there is a real possibility of a rate hike. Moreover, Governor Mark Carney will hold a press conference half an hour later. The closely watched weekly update on US Jobless Claims follows at 12:30. Initial claims went up by 10 thousand during the week ending October 21 whereas the continuing claims dropped by 3 thousand during the week ending October 14. Australian Performance of Service Index for October is out at half past 10 in the evening. The Index has been declining for the past 2 months but it remains in the positive territory. Australian Retail Sales for September will be available at half past midnight. August data surprised very much on the downside as sales posted the largest monthly drop in more than 4 years. And Chinese Caixin Services PMI for October comes at quarter to 2 AM. The September data came in much weaker than anticipated, dropping to a 21-month low. This was the Economic Calendar for Thursday, the 2nd of November. Check back in for the next overview of news releases for Friday. Goodbye.
Thursday brings a very important news release for Pound traders, so let’s find out more.
Swiss Consumer Confidence for October is up first at 6:45 AM. The Index rebounded in September and now stands well above its long-term average; in particular, consumers are more increasingly optimistic about economic growth and job market.
Swiss Retail Sales for September follow at 8:15. Sales slipped in August, having stood unchanged the previous month.
The closely watched German Labour Report for October is out at 9. The unemployment rate remained unchanged in September, standing at a decades-low level.
The final reading of Euro Zone October Manufacturing PMI comes at the same time. The preliminary estimate puts the Index at a 6-year high in light of solid growth in both Germany and France.
UK Markit Construction PMI for October will be available at 9:30. The Index plunged by 3 points in September, slipping in the negative territory for the first time in more than a year.
Bank of England will release its latest Monetary Policy Statement at noon GMT, together with the Quarterly Inflation Report. It is actually a very highly anticipated event as, for the first time in years, there is a real possibility of a rate hike. Moreover, Governor Mark Carney will hold a press conference half an hour later.
The closely watched weekly update on US Jobless Claims follows at 12:30. Initial claims went up by 10 thousand during the week ending October 21 whereas the continuing claims dropped by 3 thousand during the week ending October 14.
Australian Performance of Service Index for October is out at half past 10 in the evening. The Index has been declining for the past 2 months but it remains in the positive territory.
Australian Retail Sales for September will be available at half past midnight. August data surprised very much on the downside as sales posted the largest monthly drop in more than 4 years.
And Chinese Caixin Services PMI for October comes at quarter to 2 AM. The September data came in much weaker than anticipated, dropping to a 21-month low.
This was the Economic Calendar for Thursday, the 2nd of November. Check back in for the next overview of news releases for Friday. Goodbye.
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