We began the week with NZIER Business Confidence in New Zealand and Glenn Stevens testify in Australia as the main highlights on today’s outlook. Let’s see what awaits us today.
In Europe, Eurogroup Meetings affects the Eurozone’s financial health by Eurogroup coordinating the economic policies of the 17 euro area member states.
Later in Europe, Sentix Investor Confidence, Monthly Survey to rate the financial outlook for the Eurozone over the last 6 months, -20.6 is likely now from -23.2 on the last report.
Later on in Europe, German Industrial Production, value the total of manufacturers, mines, and utilities output, due to reduce down to -0.7% now from 1.3% on the last month.
More in Europe, German Trade Balance, 15.8B is due now from 16.1B on September.
Finally in Europe, German Wholesale Price Index (WPI); is due to reduce down to 0.4% now from 1.1% on the last month.
For more on the Euro, read the Euro to dollar forecast.
In Great Britain, Royal Institution of Chartered Surveyors (RICS) House Price Balance housing inflation leading indicator based on surveyors with access to the most recent price data, -20% is likely now from -19% on the last month.
Later in Great Britain, British Retail Consortium (BRC) Retail Sales Monitor, -0.4%, value the sales at the retail level, -0.4% is calculated similar to the last time.
Read more about the Pound in the GBP/USD forecast.
In Switzerland, Consumer Price Index (CPI), measures the consumer’s price change of goods and services, rise up to 0.3% is estimated now.
Later in Switzerland, Unemployment Rate, rise of 0.1% from the last month up to 3.0% is predicted now.
Read more about the Swiss franc in the USD/CHF forecast.
In Australia, Glenn Stevens, Reserve Bank of Australia (RBA) Governor, is due to testify in Canberra.
Later in Australia, Australia and New Zealand Banking Group (ANZ) Job Advertisements, value the number of jobs advertised in the key daily newspapers and websites in the capital cities, -2.3% is likely now similar to the last time.
For more on the Aussie, read the AUD/USD forecast.
In New Zealand, New Zealand Institute of Economic Research (NZIER) Business Confidence, Survey to rate the financial outlook on the past 6 months, -4 is due now with no change from the last quarterly report.
For more about the kiwi, see the NZD/USD forecast.
InJapan, Current Account, value the difference between imported and exported goods; rise up to 0.52T now is calculated from 0.34T on September.
Read more about the yen in the USD/JPY forecast.
Trade well
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