You’re watching the Economic Calendar for Wednesday, the 9th of November. Here’s a rundown of the most important news releases.
Swiss Unemployment Rate for October is up first at quarter to 7 AM, and the seasonally adjusted rate inched even lower in September, reaching its lowest level in more than 3 years.
German Trade Balance for September follows at 7. Trade surplus widened in August as exports outpaced the imports.
European Central Bank will release its latest Economic Bulletin for 8, and this particular release comes after the Bank announced a gradual tapering of its QE program.
Coming up next at half past 1 PM GMT is the closely watched weekly update on US Jobless Claims. Initial claims went down by 5 thousand during the week ending October 28 while the continuing claims dropped by 15 thousand during the week ending October 21.
Canadian New Housing Price Index for September is out at the same time. Nationwide home prices grew less than anticipated in August; in fact, prices stagnated in more than half of all census metropolitan areas.
Swiss National Bank Chairman Thomas Jordan will be giving a closely watched speech at half past 4, speaking on the topic of independence of central banks after the financial crisis.
Aussie Dollar traders may want to tune in at half past midnight for the closely watched Reserve Bank of Australia Statement on Monetary Policy. This quarterly announcement does not set the interest rates, but it does provide the bank’s position on the possible future developments.
And Japanese Tertiary Industry Index for September concludes the schedule at 4:30. The Index slipped again in August, following just one month of growth.
That’s all for Thursday’s Economic Calendar. I’m Jack Everitt and we’ll be back with the next overview of key events for Friday. Goodbye.
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