08.01.2016 – Economic Calendar by Dukascopy
January 7, 2016 1:08 pmVideo
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The latest updates on North American labour market are on the Economic Calendar this Friday. Let’s find out more.
Coming up first at 6:45 AM is the Swiss Unemployment Rate for December. The seasonally adjusted jobless rate has stood unchanged for the past 3 months.
Two news releases regarding the German economy in November are out at 7, and Industrial Production is one of them. Industrial output returned to growth in October, following two months of decline.
Trade Balance is due at the same time. October data surprised on the upside as trade surplus widened from 19.2 billion the previous month.
Swiss Consumer Price Index for December follows at 8:15. The annual headline inflation has stood at the record-low rate of 1.4% for 4 months straight.
UK Trade Balance for November will be available at 9:30. Trade deficit widened in October as exports went down and imports increased.
The schedule gets busy at 1:30 PM GMT, when, among other things, the closely watched US Employment Report for December will be released. The November report showed a strong and sustained improvement in the labour market, contributing to the Fed’s decision to raise the interest rates.
The Canadian counterpart of this release comes at the same time, and it is of high importance to Loonie Dollar traders. Now, the Canadian report disappointed in November as employment decreased for the first time in 4 months and unemployment rate inched higher.
And Canadian Building Permits for November are out at this time as well. October data surprised on the upside, reversing a 6.6% decline the previous month.
US Wholesale Inventories for November are up next at 3. Inventories declined in October, even as sales stood unchanged.
And US Consumer Credit for November concludes the schedule at 8. The growth in consumer credit slowed in October as consumers were more reluctant to take on credit card debt.
You’ve been watching the Economic Calendar for Friday, the 8th of January. Check back in for the next overview of news releases for Monday. Goodbye.
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