Hello, traders, you’re watching the Dukascopy Economic Calendar for Tuesday, the 14th of November.
The closely watched preliminary reading of German third quarter GDP is up first at 7 AM, and the German economy continued to grow in the second quarter, albeit at a slower pace than the point 6% gain at the beginning of the year.
Swiss Producer and Import Price Index for October follows at quarter past 8. The September Index surprised on the upside, posting the strongest growth in 5 years.
The closely watched UK Consumer Price Index for October comes at 9:30. The annual inflation continued to increase in September and now stands one percentage point above the Bank of England target rate.
UK House Price Index for September is out at the same time. Home prices grew less than expected in August, and, in particular, London house prices saw the slowest growth in the country.
A very closely watched event is scheduled at 10, when Fed Chair Janet Yellen, along with the ECB President Mario Draghi, Bank of Japan Governor Haruhiko Kuroda and Bank of England Governor Mark Carney will all be participating at a panel discussion at ECB conference in Frankfurt. The topic of the discussion is challenges and opportunities of central bank communication.
The high importance preliminary estimate of Euro Zone third quarter GDP comes at the same time, and the economy grew at a steady point 6% pace in the second quarter.
And the closely watched German ZEW Economic Sentiment for November is out at this time as well. The Index continued to recover in October, but it remains well below its long-term average.
Coming up next at 1:30 PM GMT is the US Producer Price Index for October. A spike in petrol prices pushed the total higher in September.
Australian Westpac Consumer Confidence for November will be available at half past 11 in the evening. The Index continued to improve in October, and it marked the first time in a year when optimists outweighed the pessimists.
And Japanese preliminary third quarter GDP concludes the schedule at 11:50. The initial second-quarter data showed the strongest expansion in a decade driven by gains in domestic consumption, but it was later revised downwards.
This was the Economic Calendar for Tuesday with me, Kiays Khalil. Wednesday brings the latest US inflation data, so check back.
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