Let’s see which news releases could move the currency markets on Thursday, the 12th of October. This is the Economic Calendar.
Euro Zone Industrial Production for August is up first at 9 AM. Output rebounded in July but not enough to offset a point 6% drop the previous month.
Coming up next at 12:30 PM GMT is the closely watched weekly update on US Jobless Claims. Initial claims dropped by 12 thousand during the week ending September 30 whereas the continuing claims grew by 2 thousand during the week ending September 23.
US Producer Price Index for September is out at the same time. The Index returned to growth in August, driven by strong gains in final demand goods.
And Canadian New Housing Price Index for August will be available at this time as well. Higher prices in Vancouver pushed the total up in July.
European Central Bank President Mario Draghi will be joining a panel discussion on monetary policy at half past 2, and, as usual, currency traders will follow his comments closely.
And New Zealand Performance of Manufacturing Index for September is out at half past 9 in the evening. The Index rose to a 3-month high in July, reversing 2 months of decline.
This was the Economic Calendar for Thursday. I’m Jessica Walker and we’ll be back with the next overview of news releases for Friday.
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