Thursday brings the latest ECB Monetary Policy Statement, and it definitely is worth a closer look. But first, there’s German GfK Consumer Confidence for November, which is out at 6 AM. The October Index inched slightly lower, having reached a record-high reading the previous month. So the closely watched ECB Monetary Policy Statement is released at 11:45, and a press conference follows 45 minutes later. The ECB is widely expected to announce some sort of tapering for its QE program, which is almost sure to shake up the markets. Coming up next at 12:30 PM GMT are the US Jobless Claims for October. Initial claims dropped by 22 thousand during the week ending October 14, whereas the continuing claims dropped by 16 thousand during the week ending October 7; both now stand at their lowest level since 1973. US Pending Home Sales for September follow at 2. Sales continued to decline in August, pushed lower by declines in hurricane-hit areas. The closely watched Japanese September CPI is out at 11:30 in the evening. Core inflation gained point 2 percentage points in August, inching closer to the Bank of Japan target rate. And Australian third quarter Producer Price Index concludes the schedule at half past midnight. The Index has been growing at a steady half a percent pace for the past 2 quarters. This was the Economic Calendar for Thursday, the 26th of October, with me, Jack Everitt. Check back in for the next overview of news releases for Friday.
Thursday brings the latest ECB Monetary Policy Statement, and it definitely is worth a closer look.
But first, there’s German GfK Consumer Confidence for November, which is out at 6 AM. The October Index inched slightly lower, having reached a record-high reading the previous month.
So the closely watched ECB Monetary Policy Statement is released at 11:45, and a press conference follows 45 minutes later. The ECB is widely expected to announce some sort of tapering for its QE program, which is almost sure to shake up the markets.
Coming up next at 12:30 PM GMT are the US Jobless Claims for October. Initial claims dropped by 22 thousand during the week ending October 14, whereas the continuing claims dropped by 16 thousand during the week ending October 7; both now stand at their lowest level since 1973.
US Pending Home Sales for September follow at 2. Sales continued to decline in August, pushed lower by declines in hurricane-hit areas.
The closely watched Japanese September CPI is out at 11:30 in the evening. Core inflation gained point 2 percentage points in August, inching closer to the Bank of Japan target rate.
And Australian third quarter Producer Price Index concludes the schedule at half past midnight. The Index has been growing at a steady half a percent pace for the past 2 quarters.
This was the Economic Calendar for Thursday, the 26th of October, with me, Jack Everitt. Check back in for the next overview of news releases for Friday.
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