Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:05 U.S. FOMC Member Mester Speaks
00:30 Australia RBA Monetary Policy Statement
06:45 Switzerland Unemployment Rate October 3.2% 3.2% 3.2%
07:00 Germany Current Account September 10.3 22.3
07:00 Germany Industrial Production s.a. (MoM) September -3.1% Revised From -4.0% +2.1% +1.4%
07:00 Germany Industrial Production (YoY) September -2.8% -0.1%
07:00 Germany Trade Balance September 17.5 18.3 18.5
07:45 France Trade Balance, bln September -5.8 -5.2 -4.7
07:45 France Industrial Production, m/m September -0.2% Revised From 0.0% -0.1% 0.0%
07:45 France Industrial Production, y/y September -0.3% -0.3%
08:00 Switzerland Foreign Currency Reserves October 462.2 460.4
08:15 Switzerland Retail Sales Y/Y September +1.4% Revised From +1.9% +2.2% +0.3%
09:30 United Kingdom Trade in goods September -9.0 Revised From -9.1 -9.4 -9.8
10:00 Eurozone ECOFIN Meetings
The U.S. dollar traded mixed to lower against the most major currencies ahead of the U.S. labour market data. The U.S. unemployment rate is expected to remain unchanged at 5.9% in October. The U.S. economy is expected to add 229,000 jobs in October.
The euro traded higher against the U.S. dollar after the mostly better-than-expected economic data from the Eurozone. Germany's trade surplus climbed to €18.5 billion in September from €17.5 billion in August, exceeding expectations for a rise to €18.3 billion.
German adjusted industrial production rose 1.4% in September, missing expectations for a 2.1% gain, after a 3.1% drop in August. August's figure was revised up from a 4.0% fall.
France's trade deficit narrowed to €4.7 billion in September from €5.0 billion in August, beating expectations for an increase to a deficit of €5.2 billion. August's figure was revised up from a deficit of €5.8 billion
French industrial production was flat in September, beating expectations for a 0.1% decline, after a 0.2% fall in August.
The British pound traded mixed against the U.S. dollar after the trade data from the U.K. The U.K. trade deficit rose to £9.8 billion in September from £8.95 billion in August, missing expectations for a deficit of £9.4 billion. August's figure was revised from a deficit of £9.10 billion.
The Canadian dollar traded mixed against the U.S. dollar ahead of the Canadian labour market data. The unemployment rate in Canada is expected to remain unchanged at 6.8% in October.
Canada's economy is expected to add 400 jobs in October.
The Swiss franc traded higher against the U.S. dollar. Retail sales in Switzerland increased at an annual rate of 0.3% in September, missing expectations for a 2.2% rise, after a 1.4% gain in August. August's figure was revised down from a 1.9% increase.
Switzerland's unemployment rate remained unchanged at 3.2% in October.
The Swiss National Bank's foreign exchange reserves declined to 460.427 billion Swiss francs in October from 462.117 billion francs in September. September's figure was revised from 462.194 billion Swiss francs.
EUR/USD: the currency pair rose to $1.2407
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair traded mixed
The most important news that are expected (GMT0):
13:30 Canada Employment October 74.1 0.4
13:30 Canada Unemployment rate October 6.8% 6.8%
13:30 U.S. Average hourly earnings October 0.0% +0.2%
13:30 U.S. Nonfarm Payrolls October 248 229
13:30 U.S. Unemployment Rate October 5.9% 5.9%
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.