Thursday, the 30th of October, is a busy day with plenty of potential market movers, and the Dukascopy TV team is here to help you get through it. I’m Doireann McDermott and you’re watching the Economic Calendar. Swiss UBS Consumption Indicator for September is up first at 7 o’clock. The Index saw its second consecutive monthly decline in August as all sub-indicators went down. UK House Price Index for October is due at the same time. The September Index surprised on the downside as it went down for the first time in 16 months. Swiss KOF Leading Indicator for October follows at 8 o’clock. The Index inched lower in September as decreased consumption and troubling foreign developments partially offset growth in manufacturing and construction. The closely watched German Labour Report for October is out at 9 o’clock. Unemployment went up unexpectedly in September, although the seasonally adjusted jobless rate stood unchanged. Coming up next at 12:30 PM GMT are two high importance news releases regarding the US economy, including the third quarter Preliminary GDP. The second quarter data came in much stronger than expected, fuelled by increased consumer spending. The weekly Jobless Claims update is out at the same time. The initial claims went up by 17 thousand during the week ending October 18, whereas the continuing claims dropped by 38 thousand during the week ending October 11, reaching their lowest level in almost 14 years. Yet another highly anticipated news release comes at 1 o’clock, and it is the preliminary estimate of German Consumer Price Index for October. Consumer prices have stood unchanged for the past two months. Federal Reserve Chair Janet Yellen will be delivering a closely watched speech at the same time. She will be speaking at the Fed’s Board of Governors National Summit in Washington, DC. Two news releases concerning the Japanese economy in September follow at half past eleven in the evening, including the high importance Consumer Price Index. The August inflation data was slightly lower than expected in light of declining petrol prices and weak domestic consumption. Jobless rate posted an unexpected improvement in August as it dropped from 3.8% a month ago. Next up at five minutes past midnight is the UK GfK Consumer Confidence for October. The Index slipped below zero in September reflecting decreased optimism among the British consumers. Australian third quarter Producer Price Index follows at half past midnight. The second quarter Index disappointed as it went down for the first time in two years. And last up at 5 o’clock are the Japanese Housing Starts for September. Housing starts continued to decline in August, albeit at a slower pace than the 14.1 percent annual drop the previous month. So these are the news releases to keep an eye on this Thursday. Our next calendar will cover the key events for Friday, so see you then.
Thursday, the 30th of October, is a busy day with plenty of potential market movers, and the Dukascopy TV team is here to help you get through it. I’m Doireann McDermott and you’re watching the Economic Calendar.
Swiss UBS Consumption Indicator for September is up first at 7 o’clock. The Index saw its second consecutive monthly decline in August as all sub-indicators went down.
UK House Price Index for October is due at the same time. The September Index surprised on the downside as it went down for the first time in 16 months.
Swiss KOF Leading Indicator for October follows at 8 o’clock. The Index inched lower in September as decreased consumption and troubling foreign developments partially offset growth in manufacturing and construction.
The closely watched German Labour Report for October is out at 9 o’clock. Unemployment went up unexpectedly in September, although the seasonally adjusted jobless rate stood unchanged.
Coming up next at 12:30 PM GMT are two high importance news releases regarding the US economy, including the third quarter Preliminary GDP. The second quarter data came in much stronger than expected, fuelled by increased consumer spending.
The weekly Jobless Claims update is out at the same time. The initial claims went up by 17 thousand during the week ending October 18, whereas the continuing claims dropped by 38 thousand during the week ending October 11, reaching their lowest level in almost 14 years.
Yet another highly anticipated news release comes at 1 o’clock, and it is the preliminary estimate of German Consumer Price Index for October. Consumer prices have stood unchanged for the past two months.
Federal Reserve Chair Janet Yellen will be delivering a closely watched speech at the same time. She will be speaking at the Fed’s Board of Governors National Summit in Washington, DC.
Two news releases concerning the Japanese economy in September follow at half past eleven in the evening, including the high importance Consumer Price Index. The August inflation data was slightly lower than expected in light of declining petrol prices and weak domestic consumption.
Jobless rate posted an unexpected improvement in August as it dropped from 3.8% a month ago.
Next up at five minutes past midnight is the UK GfK Consumer Confidence for October. The Index slipped below zero in September reflecting decreased optimism among the British consumers.
Australian third quarter Producer Price Index follows at half past midnight. The second quarter Index disappointed as it went down for the first time in two years.
And last up at 5 o’clock are the Japanese Housing Starts for September. Housing starts continued to decline in August, albeit at a slower pace than the 14.1 percent annual drop the previous month.
So these are the news releases to keep an eye on this Thursday. Our next calendar will cover the key events for Friday, so see you then.
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