30.11.2017 – Economic Calendar by Dukascopy
November 29, 2017 3:15 pmVideo
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Thursday brings the latest update on Euro Zone inflation, so let’s take a closer look with the Economic Calendar.
But first, there’s the closely watched Swiss third quarter GDP data, which is out at 6:45 AM. The second quarter growth was the strongest in 3 quarters, boosted by manufacturing, finances and hospitality industry.
German Retail Sales for October follow at 7. Sales rebounded in September, reversing a point 2% decline the previous month.
UK Nationwide House Price Index for November comes at the same time, and the October report noted that growth remains subdued in light of weaker buyer confidence.
Swiss KOF Economic Barometer for November is scheduled at 8. The Index jumped by 3 points in October, reaching its highest level in 7 years.
Swiss Retail Sales for October will be available 15 minutes later, and sales have been declining for the past 2 months.
German Labour Report for October is scheduled at 8:55. The unemployment rate remained at its 37-year low in September.
The highly anticipated preliminary Euro Zone November CPI follows at 10. The annual inflation inched lower in October, and the core reading went down as well.
Euro Zone Unemployment Rate for October is out at the same time. September data surprised on the upside as the rate fell to its lowest level in 8 years.
Coming up next at 1:30 PM GMT is the closely watched weekly update on US Jobless Claims. Initial claims dropped by 13 thousand during the week ending November 18 whereas the continuing claims went up by 26 thousand during the week ending November 11.
US Personal Income & Spending for October will be available at this time as well. Spending surged in September as customers replaced the damages of the hurricane season, but income grew at a notably slower pace.
Australian Performance of Manufacturing Index for November is scheduled at half past 10. The Index dropped by more than 3 points in October, although it did remain in the positive territory.
Two news releases regarding the Japanese economy in October follow at 11:30, including the closely watched Consumer Price Index. The annual inflation has stood above zero for 9 months straight, even though it remains far from Bank of Japan’s target rate.
Jobless Rate, on the other hand, remained at the same low level in September, and no changes are expected this time around.
And Chinese Caixin Manufacturing PMI for November concludes the schedule at 1:45 AM. The Index saw no change in October as stronger growth in new orders was reversed by a slowdown in production growth.
This was the Economic Calendar for Thursday, the 30th of November. I’m ___ and we’ll be back with the next overview of news releases for Friday. Goodbye.
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