Let’s take a look at the potential FX market movers scheduled for publication as a new trading week is under way. The Swiss retail sales data for October opens this agenda at a quarter past 8 in the morning. Annual sales slumped into the negative territory in September from August’s growth of a half a percent. Then the Manufacturing PMI data run for November starts at 8:30 with Swiss statistics. Italian figures will be available at 8:45, followed by final French numbers five minutes later and final German stats at 8:55. The whole bloc’s overview will then be published at 9 o’clock. According to the flash estimate, index dropped to 51.5, which is the lowest level in 30 months. UK data then continues the PMI run at 9:30. The index dropped in October, remaining just 1.1% above the 50 mark. This is the lowest level in 27 months. The US ISM Manufacturing PMI for November could then shake up the Buck at 9:30 AM. The index declined in October, but it remains at an elevated level of 57.7. UK Retail Sales Monitor for November is up next just shortly after midnight. Sales returned to annual growth of one tenth of a percent in October and this follows a decline of point 2% in September. Australian Current Account stats for the third quarter will be available at 12:30 AM. Deficit expanded once again in the second quarter after narrowing down to 11.68 billion in the red in the March quarter. And a potential Ozzy Dollar mover wraps up this agenda at 3:30 in the morning when the Reserve Bank of Australia will release their monetary policy statement. Most experts expect no change to cash rate and it has stood at one and a half percent level since 2016. I’m Jack Everitt and that’s all for Monday’s Economic Calendar. Bye for now.
Let’s take a look at the potential FX market movers scheduled for publication as a new trading week is under way.
The Swiss retail sales data for October opens this agenda at a quarter past 8 in the morning. Annual sales slumped into the negative territory in September from August’s growth of a half a percent.
Then the Manufacturing PMI data run for November starts at 8:30 with Swiss statistics. Italian figures will be available at 8:45, followed by final French numbers five minutes later and final German stats at 8:55. The whole bloc’s overview will then be published at 9 o’clock. According to the flash estimate, index dropped to 51.5, which is the lowest level in 30 months.
UK data then continues the PMI run at 9:30. The index dropped in October, remaining just 1.1% above the 50 mark. This is the lowest level in 27 months.
The US ISM Manufacturing PMI for November could then shake up the Buck at 9:30 AM. The index declined in October, but it remains at an elevated level of 57.7.
UK Retail Sales Monitor for November is up next just shortly after midnight. Sales returned to annual growth of one tenth of a percent in October and this follows a decline of point 2% in September.
Australian Current Account stats for the third quarter will be available at 12:30 AM. Deficit expanded once again in the second quarter after narrowing down to 11.68 billion in the red in the March quarter.
And a potential Ozzy Dollar mover wraps up this agenda at 3:30 in the morning when the Reserve Bank of Australia will release their monetary policy statement. Most experts expect no change to cash rate and it has stood at one and a half percent level since 2016.
I’m Jack Everitt and that’s all for Monday’s Economic Calendar. Bye for now.
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