It’s a new trading day and here’s what you should keep an eye out for in terms of economic publications on this Wednesday. German Industrial Production for December opens this agenda at 7 o’clock in the morning. Production rebounded in November after two months in the red. French trade balance for December follows at a quarter to eight. Deficit expanded from 5.3 billion in November, but a decline of almost 1 billion is expected by markets this time around. UK Halifax house price index for January is up next at 8:30. The final month of last year brought a disappointment as index dropped by point 6%, following 5 consecutive months in the green. Data of Canadian building permits for December will be available at 1:30 PM GMT. Permits were down by a massive 7.7% in November, wiping out most of the previous two increases. Kiwi Dollar traders will be focusing on Reserve Bank of New Zealand Monetary policy statement at 8 PM and the following press conference an hour later. Official cash rate was left unchanged in November, while noting global economic growth continues to improve, although inflation and wage outcomes remain subdued. Japanese current account for December follows at ten to midnight. Adjusted balance narrowed down more than estimated in November, down from 2.44 trillion in the green in October. Then there’s another Kiwi Dollar shaker at midnight as Reserve Bank of New Zealand Governor Spencer is set to testify in front of the Parliament’s Finance and Expenditure committee. UK RICS Residential Market Survey for January is out just a minute past midnight. Survey balance shot up back to plus 8% in December after previously falling to 0. Australian NAB Business confidence for the final three months of last year wrap up this agenda at a half past midnight. Confidence slipped slightly in Q3, down from an upwardly revised Q2 reading of plus 8. I’m Jessica Walker and that’s it for Wednesday’s economic calendar, but do click back again for Thursday’s overview. Goodbye for now.
It’s a new trading day and here’s what you should keep an eye out for in terms of economic publications on this Wednesday.
German Industrial Production for December opens this agenda at 7 o’clock in the morning. Production rebounded in November after two months in the red.
French trade balance for December follows at a quarter to eight. Deficit expanded from 5.3 billion in November, but a decline of almost 1 billion is expected by markets this time around.
UK Halifax house price index for January is up next at 8:30. The final month of last year brought a disappointment as index dropped by point 6%, following 5 consecutive months in the green.
Data of Canadian building permits for December will be available at 1:30 PM GMT. Permits were down by a massive 7.7% in November, wiping out most of the previous two increases.
Kiwi Dollar traders will be focusing on Reserve Bank of New Zealand Monetary policy statement at 8 PM and the following press conference an hour later. Official cash rate was left unchanged in November, while noting global economic growth continues to improve, although inflation and wage outcomes remain subdued.
Japanese current account for December follows at ten to midnight. Adjusted balance narrowed down more than estimated in November, down from 2.44 trillion in the green in October.
Then there’s another Kiwi Dollar shaker at midnight as Reserve Bank of New Zealand Governor Spencer is set to testify in front of the Parliament’s Finance and Expenditure committee.
UK RICS Residential Market Survey for January is out just a minute past midnight. Survey balance shot up back to plus 8% in December after previously falling to 0.
Australian NAB Business confidence for the final three months of last year wrap up this agenda at a half past midnight. Confidence slipped slightly in Q3, down from an upwardly revised Q2 reading of plus 8.
I’m Jessica Walker and that’s it for Wednesday’s economic calendar, but do click back again for Thursday’s overview. Goodbye for now.
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