The pace of the economic news publications picks up on this Tuesday, so let’s take a closer look with the Dukascopy Economic Calendar. The publication of the Euro Zone Trade Balance for November opens this agenda at 10 o’clock in the morning. The seasonally adjusted trade surplus narrowed down by a half a billion in October to 12.5 billion Euros. A couple of reports regarding the US economy then follow at 1:30 PM GMT, including the Producer Price Index for December. According to the U.S. Bureau of Labor Statistics, the PPI advanced by one tenth of a percent in November. The core measure accelerated faster at point 3 percent. The US Empire State Survey for January will be available at the same time. The headline general business conditions index fell by more than twelve points to 10.9 in the final month of 2018. This indicates that business activity grew at a slower pace than in recent months in New York State. US Economic Optimism update for January is up next at 3 PM GMT. Optimism took another hit in December publication as the index plummeted by 6.7 points to 52.6. This was the second monthly decline in a row and index hit the lowest level since early 2018. The European Central Bank President Mario Draghi will present the 2017 annual report in Strasbourg at 3 PM as well and this could be a potential Single currency mover. Australian Westpac-MI Consumer Sentiment for January follows at 11:30 PM. The Westpac Melbourne Institute Index of Consumer Sentiment rose by one tenth of a percent to 104.4 in December from 104.3 in November. A couple of reports regarding Japanese economy wrap up this agenda. First, the November stats of Core Machinery Orders will be released at ten to midnight. This is then followed by the publication of Tertiary Industry Index update for November at 4:30 in the morning. I’m Kiays Khalil and you’ve been watching the Dukascopy Economic Calendar for Tuesday.
The pace of the economic news publications picks up on this Tuesday, so let’s take a closer look with the Dukascopy Economic Calendar.
The publication of the Euro Zone Trade Balance for November opens this agenda at 10 o’clock in the morning. The seasonally adjusted trade surplus narrowed down by a half a billion in October to 12.5 billion Euros.
A couple of reports regarding the US economy then follow at 1:30 PM GMT, including the Producer Price Index for December. According to the U.S. Bureau of Labor Statistics, the PPI advanced by one tenth of a percent in November. The core measure accelerated faster at point 3 percent.
The US Empire State Survey for January will be available at the same time. The headline general business conditions index fell by more than twelve points to 10.9 in the final month of 2018. This indicates that business activity grew at a slower pace than in recent months in New York State.
US Economic Optimism update for January is up next at 3 PM GMT. Optimism took another hit in December publication as the index plummeted by 6.7 points to 52.6. This was the second monthly decline in a row and index hit the lowest level since early 2018.
The European Central Bank President Mario Draghi will present the 2017 annual report in Strasbourg at 3 PM as well and this could be a potential Single currency mover.
Australian Westpac-MI Consumer Sentiment for January follows at 11:30 PM. The Westpac Melbourne Institute Index of Consumer Sentiment rose by one tenth of a percent to 104.4 in December from 104.3 in November.
A couple of reports regarding Japanese economy wrap up this agenda. First, the November stats of Core Machinery Orders will be released at ten to midnight.
This is then followed by the publication of Tertiary Industry Index update for November at 4:30 in the morning.
I’m Kiays Khalil and you’ve been watching the Dukascopy Economic Calendar for Tuesday.
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