Let’s see which news releases could move the currency markets on Wednesday, the 6th of December. This is the Economic Calendar.
German Factory Orders for October are up first at 7 AM. Orders have been growing faster than expected for the past 2 months, and the total number of orders is near a 10-year high.
Swiss November CPI follows at quarter past 8. The annual inflation stood unchanged in October as higher petrol and clothing prices were reversed by declines in household and durable goods prices.
Euro Zone Retail PMI for November is scheduled at 9:10. The Index inched lower in October but it did remain in the positive territory; moreover, retail sales have been growing for 7 months straight.
Coming up next at 1:15 PM GMT is the US ADP Employment Report for November. The October report surprised on the upside, posting the strongest growth in 7 years.
Bank of Canada will release its latest Monetary Policy Statement at 3, and it’s a high importance release for the Loonie Dollar traders. The policy makers struck a dovish tone during the last meeting, citing concerns about a slowdown in economy.
Australian Performance of Construction Index for November will be available at half past 10 in the evening. The Index lost 1.5 points in October, but it still indicates a strong and sustained growth in the construction sector.
Australian Trade Balance for October is out at half past midnight. Trade surplus grew more than expected in September as exports outpaced the imports, reaching a 5-month high.
And Preliminary Japanese Leading Index for October concludes the schedule at 5. The Index eased in September from the 2-year high reached a month ago.
I’m Jessica Walker and this was the Economic Calendar for Wednesday. Check back in for the next overview of key events for Thursday. Goodbye.
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