The pace of news flow accelerates on this Tuesday, so let’s take a closer look with the Dukascopy Economic Calendar. The German GfK Consumer Climate for March opens this agenda at 7 o’clock in the morning. The consumer sentiment indicator increased for the third month in a row in February to settle slightly below the 11 point mark. The Bank of England Governor Mark Carney will testify before Parliament’s Treasury Committee on inflation report at 10 AM and this could potentially shake up the Sterling. Next up is the US Residential Construction report for December. Both starts and permits posted sharp gains in November, but markets are anticipating a pull-back this time around. A couple more December publications regarding the US economy will then be available at 2 PM GMT and House Price Index is one of them. The annual growth of the 20-city index slipped below the five percent mark in November for the first time since 2015. The monthly FHFA House Price Index is the other item out at this time. The index increased by point 4 percent in November, which was stronger than expected by most of the market analysts. Then there are a couple of Greenback shakers scheduled at 3 PM GMT, including the US Consumer Confidence for February. The index decreased to 120.2 in the year’s opening month from 126.6 in December. The US Federal Reserve Chairman Jerome Powell will deliver the semi-annual monetary policy report to the congress at the same time. New Zealand Trade Balance for January continues the data run at a quarter to 10 PM. Trade balance returned to the positive territory in December, but surplus was lower than the 640 million New Zealand Dollars in December of 2017. The UK Shop Price Index for February is up next just shortly after midnight GMT. Price growth increased slightly in January and the index has now stood in the green for three consecutive months. The fourth quarter Australian Construction Work Done report wraps up this report at a half past midnight GMT. The seasonally adjusted estimate for total construction work done fell by nearly three percent to just over 53 billion Australian Dollars in the September quarter. I’m Kiays Khalil and you have been watching the Dukascopy Economic Calendar for Tuesday.
The pace of news flow accelerates on this Tuesday, so let’s take a closer look with the Dukascopy Economic Calendar.
The German GfK Consumer Climate for March opens this agenda at 7 o’clock in the morning. The consumer sentiment indicator increased for the third month in a row in February to settle slightly below the 11 point mark.
The Bank of England Governor Mark Carney will testify before Parliament’s Treasury Committee on inflation report at 10 AM and this could potentially shake up the Sterling.
Next up is the US Residential Construction report for December. Both starts and permits posted sharp gains in November, but markets are anticipating a pull-back this time around.
A couple more December publications regarding the US economy will then be available at 2 PM GMT and House Price Index is one of them. The annual growth of the 20-city index slipped below the five percent mark in November for the first time since 2015.
The monthly FHFA House Price Index is the other item out at this time. The index increased by point 4 percent in November, which was stronger than expected by most of the market analysts.
Then there are a couple of Greenback shakers scheduled at 3 PM GMT, including the US Consumer Confidence for February. The index decreased to 120.2 in the year’s opening month from 126.6 in December.
The US Federal Reserve Chairman Jerome Powell will deliver the semi-annual monetary policy report to the congress at the same time.
New Zealand Trade Balance for January continues the data run at a quarter to 10 PM. Trade balance returned to the positive territory in December, but surplus was lower than the 640 million New Zealand Dollars in December of 2017.
The UK Shop Price Index for February is up next just shortly after midnight GMT. Price growth increased slightly in January and the index has now stood in the green for three consecutive months.
The fourth quarter Australian Construction Work Done report wraps up this report at a half past midnight GMT. The seasonally adjusted estimate for total construction work done fell by nearly three percent to just over 53 billion Australian Dollars in the September quarter.
I’m Kiays Khalil and you have been watching the Dukascopy Economic Calendar for Tuesday.
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