A Busy Final Day of January
January 30, 2019 12:56 pmVideo
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The busy news flow continues on this Thursday, so let’s take a closer look with the Dukascopy Economic Calendar.
German Unemployment change stats for January open this agenda shortly before 9 AM. The seasonally adjusted number of unemployment continued declining in the final month of last year. A drop of 14,000 brings the total number of unemployed down to 2.26 million.
A couple of publications regarding the Euro Zone follow at 10 AM, including the preliminary Flash GDP for the fourth quarter. The bloc’s economy grew by point 2 percent in the third quarter, slowing down from point 4 percent growth that was posted in the June quarter.
Euro Zone Unemployment Rate for December is the other publication out at this time. Jobless rate continued declining in November, slipping below the 8 percent mark for the first time in ten years.
It will then be busy with North American reports at 1:30 PM GMT and this includes a total of three reports regarding the US economy. Personal Income and Outlays data for December will be available along with the US employment cost index for the fourth quarter and the latest weekly update on the Jobless claims stats.
The high importance monthly Canadian GDP for November will be available at 1:30 PM as well. Economy expanded by point 3 percent month on month in October after slipping by one tenth of a percent in September.
Canadian Industrial Products and Raw Materials report for December wraps up the busy data run at 1:30 PM.
The US ISM-Chicago PMI for January will then be published at a quarter to three PM. The Business Barometer eased to 65.4 in December, which was a one point decline.
The fourth quarter Australian Producer Price Index continues the data run at a half past midnight. Final demand increased by point 8 percent in the September quarter and the main driver was the petroleum refining and petroleum fuel manufacturing category.
Chinese Manufacturing PMI for January wraps up this busy agenda at 1:45 in the morning. The index slipped below the key 50-level for the first time since 2017.
I’m Kiays Khalil and you’ve been watching the final Dukascopy Economic Calendar for January.
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