Hello traders, here are the potential FX market moving news publications scheduled for Wednesday.
Euro Zone Industrial Production release for October opens this agenda at 10 o’clock in the morning. Production slowed down by point three percent month on month in September, but it was point nine percent up from a year ago level. Production of energy was the main driver for the decline with a monthly drop of 1.7 percent.
The day’s key event for Greenback traders follows at 1:30 PM GMT when the high importance US Consumer Price Index for November is out. Overall prices were up by point three percent month on month in October on a seasonally adjusted basis after gaining one tenth of a percent in September. Gasoline index was the main driver for inflation.
The US Federal Budget Balance for November is up next at 7 PM. The federal government posted a deficit of slightly more than 100 billion US Dollars in October, which is the first month of the government’s fiscal year 2019. This is 59 percent up from the year ago level.
The publication of the New Zealand Food Price Index for November will then be available at a quarter to ten. Food prices were down by a monthly point six percent in October. Fruit and vegetable prices plummeted by 5.4 percent. Meat, poultry and fish prices were up by 2.4 percent.
Australian Consumer Inflationary Expectations for December are out at midnight. Price increase expectations declined in November to 3.6 percent from October’s level of four.
The UK House Price Survey stats for November are scheduled for publication shortly after midnight. The survey balance moved further into the negative territory in October to minus 10 percent. The regional picture is mixed as some parts of the UK still post strong price growth.
The Reserve Bank of Australia quarterly bulletin for December wraps up this agenda at 12:30 AM.
I’m Jack Everitt and you’ve been watching the Dukascopy Economic Calendar for Wednesday.

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