Thursday, the 6th of November, brings plenty of known market movers, so keep watching this Economic Calendar to find out more. I’m Alex Iszatt Starting things off at 6:45 AM is the Swiss Third Quarter Consumer Confidence. The Index came in lower than expected in the second quarter, slipping in the negative territory. German Factory Orders for September are out at 7 o’clock. Orders saw a strong decline in August, following a better-than-expected 4.9% gain a month ago. Euro Zone Retail PMI for October comes at 10 minutes past nine. The Index has been declining for the past three months and now stands at its lowest level since April 2013. UK Industrial Production for September follows at 9:30. Industrial output stood unchanged in August as gains in electricity output and manufacturing were offset by declines in mining and oil extraction. Bank of England will release its high importance Monetary Policy Statement at noon. There has been increasing pressure on the policy makers to raise the interest rates, although the bank is not expected to do so until 2015. Yet another highly anticipated Monetary Policy Statement, this one from the European Central Bank, comes at quarter to one. Make sure you tune in for the press conference 45 minutes later, as comments from the ECB President Mario Draghi often stir up the market. Another closely watched news publication is scheduled for 1:30 PM GMT, and it is the weekly US Jobless Claims update. Initial claims went up by 3 thousand during the week ending October 25 whereas the continuing claims grew by 29 thousand during the week ending October 18. Canadian Building Permits for September are out at the same time. The number of permits plunged in August following three months of double-digit growth. UK NIESR Monthly GDP Estimate for October comes at 3. The previous release covered three months up to September and showed steady growth. Canadian Ivey PMI for October is due at the same time. The August Index surprised strongly on the upside, reaching a 10-month high. Australian AiG Performance of Construction Index for October follows at half past ten in the evening. The Index soared to a six-year high in September. And last up at half past midnight is Reserve Bank of Australia Monetary Policy Statement. It is of high importance to Aussie Dollar traders, albeit no changes in the monetary policy are expected. That’s all for Thursday’s Economic Calendar. Our next release will cover the most important news publications for Friday, but until then, it’s goodbye.
Thursday, the 6th of November, brings plenty of known market movers, so keep watching this Economic Calendar to find out more. I’m Alex Iszatt
Starting things off at 6:45 AM is the Swiss Third Quarter Consumer Confidence. The Index came in lower than expected in the second quarter, slipping in the negative territory.
German Factory Orders for September are out at 7 o’clock. Orders saw a strong decline in August, following a better-than-expected 4.9% gain a month ago.
Euro Zone Retail PMI for October comes at 10 minutes past nine. The Index has been declining for the past three months and now stands at its lowest level since April 2013.
UK Industrial Production for September follows at 9:30. Industrial output stood unchanged in August as gains in electricity output and manufacturing were offset by declines in mining and oil extraction.
Bank of England will release its high importance Monetary Policy Statement at noon. There has been increasing pressure on the policy makers to raise the interest rates, although the bank is not expected to do so until 2015.
Yet another highly anticipated Monetary Policy Statement, this one from the European Central Bank, comes at quarter to one. Make sure you tune in for the press conference 45 minutes later, as comments from the ECB President Mario Draghi often stir up the market.
Another closely watched news publication is scheduled for 1:30 PM GMT, and it is the weekly US Jobless Claims update. Initial claims went up by 3 thousand during the week ending October 25 whereas the continuing claims grew by 29 thousand during the week ending October 18.
Canadian Building Permits for September are out at the same time. The number of permits plunged in August following three months of double-digit growth.
UK NIESR Monthly GDP Estimate for October comes at 3. The previous release covered three months up to September and showed steady growth.
Canadian Ivey PMI for October is due at the same time. The August Index surprised strongly on the upside, reaching a 10-month high.
Australian AiG Performance of Construction Index for October follows at half past ten in the evening. The Index soared to a six-year high in September.
And last up at half past midnight is Reserve Bank of Australia Monetary Policy Statement. It is of high importance to Aussie Dollar traders, albeit no changes in the monetary policy are expected.
That’s all for Thursday’s Economic Calendar. Our next release will cover the most important news publications for Friday, but until then, it’s goodbye.
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