Q3 Data and US Consumer Confidence
October 29, 2018 1:37 pmVideo
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Plenty of market movers on the agenda for Tuesday, so let’s take a closer look.
The Swiss KOF Economic Barometer for October opens this agenda at 8 o’clock in the morning. Economic Barometer rose by 3.3 points to a level of 102.2 in September, standing above its long-term average.
German Unemployment Change for October follows at 8:55. The seasonally adjusted number of unemployed dropped by 23 thousand from a month ago in September, beating market estimates for a decline of 9 thousand.
The preliminary flash Euro Zone GDP stats for the third quarter will then be available at 10 o’clock. The second quarter seasonally adjusted measure showed economy expanding by an equal point 4% in both the Euro Area and the European Union.
US S&P Case-Shiller House Price Index for August is up next at 1 PM GMT. The 20-city index growth slowed down sharply in July, dropping below the 6% mark for the first time since 2017.
US Consumer Confidence release for October could bump the Buck at 2 PM. Consumer confidence rose to 138.4 in September, moving closer towards the all time high level of 144.7.
Then another high importance publication follows at a half past midnight when the third quarter Australian CPI is released. Consumer price index increased by point 4% in the June quarter, matching the first quarter increase.
Chinese PMIs for October wrap up this calendar at 1 AM. Manufacturing measure declined sharply in September, but it remains slightly above the 50 mark. Services Index increased to 54.9 during the same month.
I’m Kiays Khalil and you’ve been watching the Economic Calendar for Tuesday.
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