28.02.2018 – Economic Calendar by Dukascopy
February 27, 2018 1:54 pmVideo
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Let’s find out what economic news reports are scheduled for publication on the final trading day of February.
German GfK Consumer Climate for March opens this agenda at 7 o’clock in the morning. Consumers in Germany are making an extremely optimistic start to 2018 as index edged higher to 11.
Second estimate of French GDP for the fourth quarter follows at a quarter to 8. Previous estimate showed economy expanded by point 6% in the final quarter of last year, building on third quarter’s half a percent gain.
Swiss KOF Economic Barometer for February will be available 15 minutes later. Index disappointed in January as it declined sharply from December’s level of 111.4.
Then there’s a high importance publication at 8:55 when German Employment report for February is released. Start of the year was strong and jobless rate edged lower to 5.4%.
Euro traders will be also keeping a close eye on the Flash Euro Zone CPI report for February at 10 o’clock. Inflation has continued to slow down in January after hitting 2% mark early last year.
High importance data run continues with Second estimate of the fourth quarter US GDP at 1:30 PM GMT. According to preliminary report, growth slowed down in the final quarter of last year to an annual rate of 2.6%.
Chicago PMI for February follows at 2:45 PM. Index declined to 65.7 in January, down from a previously revised 67.8 in December
Pending Home Sales report for January wraps up the US data at 3PM. Contracts to buy previously owned homes increased in December and this was the third monthly gain in a row.
The fourth quarter New Zealand Overseas Trade Index will be available at a quarter to ten. The merchandise terms of trade rose point 7 percent to reach an all-time high in the third quarter.
Australian Private Capital Expenditure for the fourth quarter is up next at a half past midnight. Expenditure increased by a seasonally adjusted 1% in the third quarter.
China Manufacturing PMI for February wraps up this agenda at a quarter to two AM. Index stood unchanged in January, but a slight decline is expected this time around.
I’m Jessica Walker and that’s it for Wednesday’s Economic Calendar. Check back for Thursday’s report, but for now, goodbye.
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