Today’s economic calendar highlights a mix of significant global events shaping market sentiment. Overnight, weaker-than-expected Australian GDP figures and disappointing China Caixin Services PMI signaled economic softness in the Asia-Pacific region. However, Japan’s Services PMI returned to expansion territory, providing some support to the Japanese yen (JPY). In Europe, persistent contraction in the Eurozone services […]
Today, November 21, 2024, brings a range of significant economic events and data releases across different regions, with potential market implications. Early in the day, RBA Deputy Governor Bullock’s speech will be closely observed for indications about Australia’s monetary policy outlook. At 2:00 PM, Turkey’s central bank will announce its key interest rates, including the […]
On Tuesday, November 19, 2024, the economic calendar highlights significant global events and data releases. The day begins with the U.S. TIC Net Long-Term Transactions for September, which showed a notable increase to $216.1 billion, far exceeding the $114.3 billion expectation and the previous figure of $108.8 billion. This signals strong foreign investment inflows into […]
On Monday, November 18, 2024, key economic events include the release of New Zealand’s Producer Price Index (PPI) Input data, which revealed a 1.9% increase in the third quarter, significantly exceeding the 1.0% forecast. This indicates stronger-than-expected growth in producer prices, reflecting heightened production costs. In Australia, a speech by RBA Deputy Governor Kent is […]
Early in the day, FOMC Member Harker’s speech and Australia’s Q3 wage price index were released. The wage price index came in at 0.8%, slightly below the expected 0.9% but unchanged from the previous quarter, signaling stable wage growth in Australia. In Europe, the European Central Bank’s (ECB) policy meeting and a speech by Bank […]
Today, November 12, 2024, is packed with significant economic data releases and speeches from various regions. In New Zealand, electronic card retail sales increased by 0.6% month-over-month, signaling a slight improvement in the retail sector. In Australia, the NAB Business Confidence Index rose from -2 to 5 in October, indicating a more optimistic outlook among […]
The economic calendar is filled with various data releases and statements from Japan, New Zealand, Turkey, and Europe. Early in the day, Japan’s September current account figures were released. Seasonally adjusted data came in at 1.2717 trillion yen, far exceeding expectations of 2.80 trillion yen, but reflecting a decline from the previous month’s 3.1459 trillion […]
Today’s economic calendar includes significant events and data releases. In Japan, household spending data indicated a decline in consumption, signaling potential economic weakness. In Switzerland, the SECO Consumer Climate Index came in well below expectations at -33, pointing to a substantial drop in consumer confidence. In Europe, ECB official McCaul’s speech and the European Leaders […]
Today’s global economic calendar includes significant events that could impact markets worldwide. In the Asia-Pacific region, Australia’s building permits and trade balance data, released earlier in the day, have the potential to cause market fluctuations. Additionally, China’s export, import, and trade balance figures for October will provide valuable insights into the country’s economic performance and […]
Today’s economic calendar is filled with significant events that could influence various markets across the globe. Starting with the U.S., the API Weekly Crude Oil Stock report released early in the day showed a substantial inventory build-up of 3.132 million barrels, which was much higher than the forecasted 1.8 million. This increase in crude oil […]
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