The busy week continues, so let’s take a look at the potential market movers scheduled on the final trading day of October. German Retail Sales stats for September open this agenda at 7 o’clock in the morning. Sales slipped by one tenth of a percent in August after dropping by 1.1% in July. A couple of Euro zone reports will then be available at 10 o’clock, including Flash CPI for October. Annual inflation accelerated slightly above the 2% mark in August, mainly driven by energy sector. Unemployment rate for September is the other item out at this time. Unemployment rate continued trending lower in August, declining from July’s level of 8.2%. US ADP Employment Report for October then follows at a quarter past noon GMT. Private-sector employment increased by 230,000 from August to September, surprising on upside. It’s busy with North American releases at a half past noon GMT and US Employment Cost Index for the third quarter is one of the items out at this time. Compensation costs for civilian workers increased by point 6 percent, for the 3-month period ending in June. The high importance Canadian Gross Domestic Product for August will be available at the same time. Real gross domestic product grew by point 2% in July after no change in June. Canadian Industrial Product & Raw Materials Prices for September wrap up the 12:30 PM data run. Both measures declined in August and Raw Materials prices dropped by a considerable 4.6%. US ISM-Chicago PMI for October continues the data run at 1:45 PM. The index declined for the second month in a row in September, but it remained well above the 50 mark at 60.4. Australian trade balance for September wraps up this agenda at a half past midnight. Surplus edged slightly up in August, going against market expectations for a decline. I’m Jack Everitt and that’s all for Wednesday’s Economic Calendar. Bye for now.
The busy week continues, so let’s take a look at the potential market movers scheduled on the final trading day of October.
German Retail Sales stats for September open this agenda at 7 o’clock in the morning. Sales slipped by one tenth of a percent in August after dropping by 1.1% in July.
A couple of Euro zone reports will then be available at 10 o’clock, including Flash CPI for October. Annual inflation accelerated slightly above the 2% mark in August, mainly driven by energy sector.
Unemployment rate for September is the other item out at this time. Unemployment rate continued trending lower in August, declining from July’s level of 8.2%.
US ADP Employment Report for October then follows at a quarter past noon GMT. Private-sector employment increased by 230,000 from August to September, surprising on upside.
It’s busy with North American releases at a half past noon GMT and US Employment Cost Index for the third quarter is one of the items out at this time. Compensation costs for civilian workers increased by point 6 percent, for the 3-month period ending in June.
The high importance Canadian Gross Domestic Product for August will be available at the same time. Real gross domestic product grew by point 2% in July after no change in June.
Canadian Industrial Product & Raw Materials Prices for September wrap up the 12:30 PM data run. Both measures declined in August and Raw Materials prices dropped by a considerable 4.6%.
US ISM-Chicago PMI for October continues the data run at 1:45 PM. The index declined for the second month in a row in September, but it remained well above the 50 mark at 60.4.
Australian trade balance for September wraps up this agenda at a half past midnight. Surplus edged slightly up in August, going against market expectations for a decline.
I’m Jack Everitt and that’s all for Wednesday’s Economic Calendar. Bye for now.
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