The second estimate of the third quarter US GDP will be available on this Wednesday, so let’s take a closer look. Euro Zone M3 Money Supply indicator for October opens this agenda at 9 AM GMT. M3 money supply growth returned to an annual rate of 3.5% in September from August’s downwardly revised level of 3.4%. A batch of preliminary US stats will then be available at 1:30 PM GMT, including the high importance second estimate of the third quarter GDP. Advance estimate showed GDP expanding at an annual rate of 3 and a half percent in September quarter, slowing down from 4.2% in the second quarter. Advance US Trade Balance and Preliminary Wholesale Inventories for October will be available at the same time. US New Residential Sales for October are up next at 3 PM GMT. Sales of new single-family houses dropped by 5.5% month on month in September to a seasonally adjusted annual rate of 553 thousand. US Federal Reserve Chairman Jerome Powell will speak to Economic Club of New York at 5 PM and this could be a potential Greenback mover. Preliminary Japanese Retail Sales for October are up next at ten to midnight. Sales growth slowed down in September to a downwardly revised level of 2.2% after jumping to 2.7% in August. New Zealand ANZ Business Outlook for November is out ten minutes later. Business confidence improved slightly in October, but the index remains well into the negative territory. The third quarter Australian Private Capital Expenditure wraps up this overview at a half past midnight. Expenditure dropped by 2 and a half percent in the second quarter, wiping out March quarter’s gain of 1.2%. I’m Jack Everitt and that’s all for Wednesday’s Economic Calendar. Bye for now.
The second estimate of the third quarter US GDP will be available on this Wednesday, so let’s take a closer look.
Euro Zone M3 Money Supply indicator for October opens this agenda at 9 AM GMT. M3 money supply growth returned to an annual rate of 3.5% in September from August’s downwardly revised level of 3.4%.
A batch of preliminary US stats will then be available at 1:30 PM GMT, including the high importance second estimate of the third quarter GDP. Advance estimate showed GDP expanding at an annual rate of 3 and a half percent in September quarter, slowing down from 4.2% in the second quarter.
Advance US Trade Balance and Preliminary Wholesale Inventories for October will be available at the same time.
US New Residential Sales for October are up next at 3 PM GMT. Sales of new single-family houses dropped by 5.5% month on month in September to a seasonally adjusted annual rate of 553 thousand.
US Federal Reserve Chairman Jerome Powell will speak to Economic Club of New York at 5 PM and this could be a potential Greenback mover.
Preliminary Japanese Retail Sales for October are up next at ten to midnight. Sales growth slowed down in September to a downwardly revised level of 2.2% after jumping to 2.7% in August.
New Zealand ANZ Business Outlook for November is out ten minutes later. Business confidence improved slightly in October, but the index remains well into the negative territory.
The third quarter Australian Private Capital Expenditure wraps up this overview at a half past midnight. Expenditure dropped by 2 and a half percent in the second quarter, wiping out March quarter’s gain of 1.2%.
I’m Jack Everitt and that’s all for Wednesday’s Economic Calendar. Bye for now.
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