This Valentine’s Wednesday is packed with high importance publication presents, so stay with us.
Three important fourth quarter GDP reports from the Euro Zone open this agenda and German data is out first at 7 AM. German economy has now expanded for 13 quarters in a row.
Italian stats will be published at 9 o’clock. Economy has not had a quarterly contraction since 2014 here as well.
Euro Zone figures wrap up the GDP data run at 10 AM. The whole bloc’s economy has been expanding even longer with the last quarterly contraction posted in 2013.
Then we have a couple of high importance publications for January regarding the US economy at 1:30 PM GMT and Consumer Price Index is one of them. Core inflation didn’t increase only in one of the past year’s months, but core annual price growth is still South of the 2% level.
Advance US Retail Sales is the other item scheduled at this time. Sales were slightly softer than expected in the final month of last year, but this was the fourth consecutive monthly increase.
US business inventories for December wrap up the North American data run at 3 PM GMT. Inventories increased by point 4% in November, after a flat October.
Japanese December’s Orders Received for Machinery will be available at ten to midnight. Orders jumped by 5.7% in November, going against expectations for a decline of 1.3%.
Australian inflationary expectations survey for February will be published at midnight GMT.
And this is followed a half an hour later by the agenda’s final event, which is a high importance Australian employment report for January. Employment change jumped by almost 35 thousand in December, but jobless rate inched slightly up to 5.5%.
I’m ____________ and that’s all for Wednesday’s overview, but do click back for Thursday’s report. Bye for now.

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