The latest update of Euro Zone inflation is on the schedule this Tuesday, so keep watching this Economic Calendar to find out more. I’m Ben Jones
Starting things off at 7 o’clock in the morning is the Swiss KOF Economic Barometer for September. The Index surprised on the upside in August, rebounding from a dip to 97.9 points a month ago.
The high importance German Unemployment Rate for September comes at 8. The seasonally adjusted jobless rate stood unchanged in August, but unemployment saw an unexpected, albeit slight increase.
The final estimate of UK second quarter GDP follows at 8:30. The preliminary estimate puts the quarterly growth at point 8%, suggesting a sustained economic recovery.
Two news releases regarding the Euro Zone economy will be available at 9 o’clock, including the highly anticipated Preliminary Consumer Price Index for September. The abysmally low inflation remains one of the greatest challenges facing the single currency.
Unemployment Rate for August is due at the same time. The unemployment rate saw no improvement in July and still remains stubbornly high.
Coming up next at 12:30 PM GMT is the Canadian Gross Domestic Product for July, which is of high importance to Loonie Dollar traders. The previous release also included quarterly data, which posted the largest quarterly growth since late 2011.
Chicago Purchasing Managers Index for September follows at quarter to two. The Index surged far above expectations in August, fully reversing a disappointing dip to 52.6 points a month ago.
The closely watched US Consumer Confidence Index for September is out at 2. The Index rose to a six-year high in August.
The next item on the schedule comes at 11:30 in the evening when the Australian AiG Performance of Manufacturing Index for September is published. The Index dipped below the 50 point mark indicating growth in August, having spent just one month in the positive territory.
Japanese third quarter Tankan Manufacturing Index will be released at 11:50. The Index surprised on the downside in the second quarter as it declined from 17 points it reached in the previous period.
And Australian Retail Sales for August conclude the schedule at half past one AM. Retail sales continued to increase in July as food retail, household goods and catering all went up.
You’ve been watching the Economic Calendar for Tuesday, the 30th of December. Check back in for the next overview of key events for Wednesday. Goodbye.

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