UK CPI & FOMC Minutes on the Agenda
October 16, 2018 1:49 pmVideo
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Plenty of high impact news releases are scheduled on this Wednesday, so let’s take a closer look.
UK data run opens this agenda at 8:30 in the morning, including the high importance publication of the Consumer Price Index for September. Annual inflation accelerated in August from July’s level of 2 and a half percent.
House Price Index for August is the other item scheduled at this time. Producer Prices for September will also be available as will the UK Financial Policy Committee October Meeting Minutes, so plenty to keep an eye on for the Sterling traders at 8:30 AM.
Finalized euro Zone Consumer Price Index for September will then be available at 9 o’clock. Preliminary report showed inflation increased by one tenth of a percent to 2.1%.
A couple of North American reports continue the data run at a half past noon GMT, including the US Housing Starts and Building Permits for September. Starts jumped in August, but permits disappointed with a sharp decline.
Canadian Manufacturing Sales for August is the other item out at this time. Sales increased by point 9% in July and this was the third consecutive monthly rise.
Greenback traders will be monitoring closely the high importance publication of the US FOMC September meeting minutes.
Japanese Trade balance for September continues data run at ten to midnight and a couple of high importance events wrap up this rather busy agenda at a half past midnight GMT.
Bank of Japan Governor Kuroda will speak at a Branch Managers Meeting.
Australian Labour Force Survey data for September will be released at the same time. The seasonally adjusted number of persons employed jumped by 44 thousand in August and unemployment rate was unchanged at 5.3%.
I’m Jack Everitt and that’s all for Wednesday’s FX Economic Calendar.
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