Thursday, the 9th of October, brings numerous known market movers, so stay with us to find out more. I’m Ben Jones and you’re watching the Economic Calendar.
First up at 6 o’clock in the morning is the German Trade Balance for August. Trade surplus soared to a record-high level in July as exports saw a strong growth and imports went down.
European Central Bank will release its closely watched Monthly Bulletin at 8 o’clock. It will include the data and reasoning behind the bank’s latest monetary policy statement.
Another high importance event comes at 11 o’clock when the Bank of England will release its latest Monetary Policy Statement. The interest rates are expected to remain at their present levels at least until the end of the year.
The highly anticipated weekly update on the US Jobless Claims follows at 12:30 PM GMT. The previous report surprised on the upside as the initial claims went down by 8 thousand during the week ending September 27 and continuing claims dropped by 45 thousand during the week ending September 20.
Canadian New Housing Price Index for August will be available at the same time. The Index stood unchanged in July as an increase in eight metropolitan areas was offset by a decline in seven areas.
Yet another event which merits special attention comes at 3, when the European Central Bank President Mario Draghi will speak on the latest Europan developments at the Brookings Institution in Washington DC.
Bank of Japan will release the Minutes of its September meeting at 11:50 in the evening. The previous minutes noted weaker exports but maintained the domestic consumption remains resilient.
Japanese Tertiary Industry Index for August is out at the same time. The Index has stood unchanged for the past two months.
Australian Home Loans for August follow at half past midnight. The July data disappointed as growth was much weaker than expected.
And the last item on this schedule comes at 5 AM when the Japanese Consumer Confidence Index for September is published. The Index has hovered near the 41 point mark for the past three months.
So these are the news releases to keep an eye on this Thursday. The next Economic Calendar will cover the key publications for Friday. See you then.

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