14.10.2014 – Economic Calendar by Dukascopy
October 14, 2014 1:37 pmVideo
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Hello, I’m Sinead MacLaughlin here in the Dukascopy TV centre with another edition of the Economic Calendar. Here’s a closer look at the most important news releases scheduled for Wednesday, the 15th of October.
Starting things off at 6 o’clock in the morning is the final estimate of German Consumer Price Index for September. The preliminary estimate suggests that consumer prices have remained at the last month’s level.
The next event on the schedule follows at 7, when the European Central Bank President Mario Draghi will be delivering opening remarks at the 7th Statistics Conference in Frankfurt. Traders pay close attention to Draghi’s speeches as they often cause market fluctuations.
UK Labour Report for September is out at half past eight. The August report surprised on the upside as the unemployment rate dropped to a six year low.
Swiss ZEW Economic Sentiment for October comes at 9. The Index turned negative in September, having stood above zero since late 2012.
Two news releases regarding the US economy in September are scheduled for 12:30 PM GMT, including the highly anticipated Preliminary Retail Sales. The August sales came in stronger than expected, driven by growth in car and building material retail.
Producer Price Index stood unchanged in August as a rise in final demand service prices was offset by a drop in final demand goods prices.
Business Inventories for August follow at 2 o’clock. Inventories continued to grow in July but at a slightly slower pace than anticipated.
It’s a busy day for the ECB President Draghi who will be delivering another closely watched speech at 6. This time, he will be speaking at the grand opening of the European Cultural Days in Frankfurt.
US Federal Reserve Beige Book will be published at the same time. The previous report noted moderate economic expansion across the entire country.
New Zealand Business NZ Performance of Manufacturing Index for September follows at 10:30 in the evening. The Index went up in August from 53.5 a month ago, driven by strong growth in petroleum, coal and chemical production.
And Australian Consumer Inflation Expectations for October conclude the schedule at midnight. The anticipated annual inflation rate increased in September, having slipped to 3.1% the previous month.
That concludes the Economic Calendar for Wednesday. Check back in for the next overview of key events for Thursday. Goodbye.
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