The news flow is somewhat light this Wednesday, but there are still a couple of potential market movers on this Economic Calendar. I’m Ben Jones The first item on the schedule comes at 6 o’clock in the morning when the Swiss UBS Consumption Indicator for August is released. The Index declined in July, having reached a six-year high the previous month. The highly anticipated German Ifo Business Climate for September follows at 8. The Index has been moving lower for the past four months, reflecting the increasing pessimism in the Euro zone’s largest economy. The closely watched US New Home Sales for August will be available at 2 PM GMT. The July data disappointed as sales fell to their lowest level in four months. And the last item on the schedule comes at 2:30 AM, when the Reserve Bank of Australia governor Glenn Stevens will be speaking at the Melbourne Economic Forum. The speech is of high importance to Aussie Dollar traders as it could provide some hints on the Bank’s future course of action. You’ve been watching the Economic Calendar for Wednesday, the 24th of September. Our next overview will cover the most important news publications for Thursday. See you then.
The news flow is somewhat light this Wednesday, but there are still a couple of potential market movers on this Economic Calendar. I’m Ben Jones
The first item on the schedule comes at 6 o’clock in the morning when the Swiss UBS Consumption Indicator for August is released. The Index declined in July, having reached a six-year high the previous month.
The highly anticipated German Ifo Business Climate for September follows at 8. The Index has been moving lower for the past four months, reflecting the increasing pessimism in the Euro zone’s largest economy.
The closely watched US New Home Sales for August will be available at 2 PM GMT. The July data disappointed as sales fell to their lowest level in four months.
And the last item on the schedule comes at 2:30 AM, when the Reserve Bank of Australia governor Glenn Stevens will be speaking at the Melbourne Economic Forum. The speech is of high importance to Aussie Dollar traders as it could provide some hints on the Bank’s future course of action.
You’ve been watching the Economic Calendar for Wednesday, the 24th of September. Our next overview will cover the most important news publications for Thursday. See you then.
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