Wednesday brings the latest US Durable Goods Orders, so let’s take a closer look with the Economic Calendar. First up there’s the Swiss UBS Consumption Indicator for August, which is out at 6. The Index rose to a 5-month high in July, although it did remain slightly below its long-term average. The closely watched US Preliminary Durable Goods Orders for August follow at half past noon GMT. A drop in aircraft orders pushed the total lower in July, but the core reading showed a steady growth as strong consumer demand bolsters business investment. Coming up next at 2 o’clock is the US Pending Home Sales Index for August. Sales dropped once again in July, following a 1.3% gain a month ago which, in turn, was the only increase in 4 months. Loonie Dollar traders may want to tune in at 3:45, when Bank of Canada Governor Stephen Poloz will be speaking about the recent developments in the Canadian economy and their impact on the monetary policy; moreover, a press conference follows at 4:55. And a high importance release for Kiwi Dollar concludes the schedule at 8, when Reserve Bank of New Zealand will publish its latest Monetary Policy Statement, although no rate changes are anticipated. I’m Jack Everitt and this was the Economic Calendar for Wednesday, the 27th of September. Check back in for the next overview of key events for Thursday.
Wednesday brings the latest US Durable Goods Orders, so let’s take a closer look with the Economic Calendar.
First up there’s the Swiss UBS Consumption Indicator for August, which is out at 6. The Index rose to a 5-month high in July, although it did remain slightly below its long-term average.
The closely watched US Preliminary Durable Goods Orders for August follow at half past noon GMT. A drop in aircraft orders pushed the total lower in July, but the core reading showed a steady growth as strong consumer demand bolsters business investment.
Coming up next at 2 o’clock is the US Pending Home Sales Index for August. Sales dropped once again in July, following a 1.3% gain a month ago which, in turn, was the only increase in 4 months.
Loonie Dollar traders may want to tune in at 3:45, when Bank of Canada Governor Stephen Poloz will be speaking about the recent developments in the Canadian economy and their impact on the monetary policy; moreover, a press conference follows at 4:55.
And a high importance release for Kiwi Dollar concludes the schedule at 8, when Reserve Bank of New Zealand will publish its latest Monetary Policy Statement, although no rate changes are anticipated.
I’m Jack Everitt and this was the Economic Calendar for Wednesday, the 27th of September. Check back in for the next overview of key events for Thursday.
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