The latest Euro Zone inflation update is scheduled for Friday, the 31st of October, so let’s take a closer look with the Dukascopy Economic Calendar. I’m Alex Iszatt Starting things off at 7 AM are the German Retail Sales for September. Sales rebounded in August, driven by strong growth in clothing, footwear and online retail. Two news releases regarding the Euro Zone economy are out at 10, including the closely watched preliminary estimate of October Consumer Price Index. The abysmally low inflation is one of the biggest concerns facing the Euro Zone, albeit this release could show a modest improvement. Unemployment Rate for September is due at the same time. The jobless rate has stood unchanged for the last three months. Coming up next at 12:30 PM GMT is the US Personal Income and Spending for September. Both income and spending went up in August in light of increased employment and growing optimism among consumers. Canadian Gross Domestic Product for August is out at the same time, and it is of high importance to Loonie Dollar traders. Canadian economy stagnated in July, following six months of growth. Chicago Purchasing Managers Index for October comes at quarter to two. The Index lost 3.8 points in September but it still remains high. And the final version of University of Michigan Consumer Confidence for October concludes the schedule at 2. The preliminary estimate puts the Index at 86.4 points, which is the highest level in more than seven years. You’ve been watching the Economic Calendar for Friday. Check back in for the next overview of news releases for Monday. Goodbye.
The latest Euro Zone inflation update is scheduled for Friday, the 31st of October, so let’s take a closer look with the Dukascopy Economic Calendar. I’m Alex Iszatt
Starting things off at 7 AM are the German Retail Sales for September. Sales rebounded in August, driven by strong growth in clothing, footwear and online retail.
Two news releases regarding the Euro Zone economy are out at 10, including the closely watched preliminary estimate of October Consumer Price Index. The abysmally low inflation is one of the biggest concerns facing the Euro Zone, albeit this release could show a modest improvement.
Unemployment Rate for September is due at the same time. The jobless rate has stood unchanged for the last three months.
Coming up next at 12:30 PM GMT is the US Personal Income and Spending for September. Both income and spending went up in August in light of increased employment and growing optimism among consumers.
Canadian Gross Domestic Product for August is out at the same time, and it is of high importance to Loonie Dollar traders. Canadian economy stagnated in July, following six months of growth.
Chicago Purchasing Managers Index for October comes at quarter to two. The Index lost 3.8 points in September but it still remains high.
And the final version of University of Michigan Consumer Confidence for October concludes the schedule at 2. The preliminary estimate puts the Index at 86.4 points, which is the highest level in more than seven years.
You’ve been watching the Economic Calendar for Friday. Check back in for the next overview of news releases for Monday. Goodbye.
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