Hello, I’m Imogen Comrie with another edition of the Economic Calendar. Here’s a run-down of the most important news releases scheduled for Monday, the 27th of October. It will be a slow day for Kiwi Dollar traders as New Zealand markets are closed for the Labour Day. The closely watched German Ifo Business Sentiment for October is the first item on the schedule, and it comes at 9 AM. The Index has been falling for the past five months, reflecting increasing pessimism in the largest Euro Zone economy. UK CBI Reported Sales for October are out at 11 o’clock. The Index eased in September from the six-month high it reached a month ago. US Preliminary Services PMI for October follow at 1:45 PM GMT. The Index inched lower in September but it still remains well in the positive territory. US Pending Home Sales for September will be available at 2 o’clock. Sales went down in August as declines were reported across most regions. Dallas Fed Manufacturing Activity for October is due at half past two. The Index continued to increase in September as new orders, capacity utilisation and shipments all posted a strong growth. And Japanese Retail Sales for September conclude the schedule at 11:50. The previous two releases came in stronger than expected, suggesting the Japanese economy has been resilient enough to weather the April sales tax hike. So these are the news releases to watch this Monday. Check back in for the next overview of the key events for Tuesday. Goodbye.
Hello, I’m Imogen Comrie with another edition of the Economic Calendar. Here’s a run-down of the most important news releases scheduled for Monday, the 27th of October.
It will be a slow day for Kiwi Dollar traders as New Zealand markets are closed for the Labour Day.
The closely watched German Ifo Business Sentiment for October is the first item on the schedule, and it comes at 9 AM. The Index has been falling for the past five months, reflecting increasing pessimism in the largest Euro Zone economy.
UK CBI Reported Sales for October are out at 11 o’clock. The Index eased in September from the six-month high it reached a month ago.
US Preliminary Services PMI for October follow at 1:45 PM GMT. The Index inched lower in September but it still remains well in the positive territory.
US Pending Home Sales for September will be available at 2 o’clock. Sales went down in August as declines were reported across most regions.
Dallas Fed Manufacturing Activity for October is due at half past two. The Index continued to increase in September as new orders, capacity utilisation and shipments all posted a strong growth.
And Japanese Retail Sales for September conclude the schedule at 11:50. The previous two releases came in stronger than expected, suggesting the Japanese economy has been resilient enough to weather the April sales tax hike.
So these are the news releases to watch this Monday. Check back in for the next overview of the key events for Tuesday. Goodbye.
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