This Wednesday brings plenty of news releases to keep an eye on, and the Dukascopy TV team is here to tell you more with the Economic Calendar. I’m Ben Jones Swiss UBS Consumption Indicator for October is the first item on the schedule at 7 AM. The Index saw some improvement in September as it rose from 1.28 points the previous month. The closely watched second estimate of UK third-quarter GDP comes at half past 9. The preliminary estimate puts the quarterly growth at point 7%, slightly less than the point 8% increase during the second quarter. UK CBI Reported Sales for November follow at 11. The Index stood unchanged in October as gains in clothing, grocery and furniture were offset by declines in other sectors, such as hardware and chemists. There’s plenty of news releases from the United States ahead of Thanksgiving, and three of them are scheduled at 1:30 PM GMT, including the highly anticipated Durable Goods Orders for October. Orders have been declining for the past two months, and a strong drop in machinery orders was recorded in September. The closely watched weekly Jobless Claims update comes at the same time. Initial claims declined by 2 thousand during the week ending November 15, while the continuing claims dropped by a notable 73 thousand during the week ending November 8, hitting their lowest level in almost 14 years. And Personal Income and Spending for October is the last release due at this time. Income grew less than expected in September, and spending went down for the first time in more than a year. Chicago Purchasing Managers Index for November will be available at quarter to three. The Index came in much higher than expected in October, driven by a strong increase in new orders. The final version of University of Michigan Consumer Confidence for November is due at 2:55. The preliminary estimate puts the Index at a seven-year high. The high importance US New Home Sales for October come at 3 o’clock. Sales saw little change in September, suggesting a shaky recovery in the US housing market. And New Zealand Trade Balance for October concludes the schedule at quarter to ten in the evening. Trade deficit expanded in September as dairy exports saw a strong and disappointing drop. You’ve been watching the Economic Calendar for Wednesday, the 26th of November. Our next edition will cover the most important news publications for Thursday. See you then.
This Wednesday brings plenty of news releases to keep an eye on, and the Dukascopy TV team is here to tell you more with the Economic Calendar. I’m Ben Jones
Swiss UBS Consumption Indicator for October is the first item on the schedule at 7 AM. The Index saw some improvement in September as it rose from 1.28 points the previous month.
The closely watched second estimate of UK third-quarter GDP comes at half past 9. The preliminary estimate puts the quarterly growth at point 7%, slightly less than the point 8% increase during the second quarter.
UK CBI Reported Sales for November follow at 11. The Index stood unchanged in October as gains in clothing, grocery and furniture were offset by declines in other sectors, such as hardware and chemists.
There’s plenty of news releases from the United States ahead of Thanksgiving, and three of them are scheduled at 1:30 PM GMT, including the highly anticipated Durable Goods Orders for October. Orders have been declining for the past two months, and a strong drop in machinery orders was recorded in September.
The closely watched weekly Jobless Claims update comes at the same time. Initial claims declined by 2 thousand during the week ending November 15, while the continuing claims dropped by a notable 73 thousand during the week ending November 8, hitting their lowest level in almost 14 years.
And Personal Income and Spending for October is the last release due at this time. Income grew less than expected in September, and spending went down for the first time in more than a year.
Chicago Purchasing Managers Index for November will be available at quarter to three. The Index came in much higher than expected in October, driven by a strong increase in new orders.
The final version of University of Michigan Consumer Confidence for November is due at 2:55. The preliminary estimate puts the Index at a seven-year high.
The high importance US New Home Sales for October come at 3 o’clock. Sales saw little change in September, suggesting a shaky recovery in the US housing market.
And New Zealand Trade Balance for October concludes the schedule at quarter to ten in the evening. Trade deficit expanded in September as dairy exports saw a strong and disappointing drop.
You’ve been watching the Economic Calendar for Wednesday, the 26th of November. Our next edition will cover the most important news publications for Thursday. See you then.
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