07:00 Germany CPI, m/m (finally) October 0.0% 0.0% 0.0%
07:00 Germany CPI, y/y (finally) October +2.0% +2.0% +2.0%
07:45 France Industrial Production, m/m September +1.9% -0.9% -2.7%
07:45 France Industrial Production, y/y September -0.9% -0.2% -2.5%
09:30 United Kingdom Trade in goods September -10.0 -9.7 -8.4
Тhe euro dropped to a four-week low against the yen as French and Swedish industrial production fell more than analysts estimated a day after the European Central Bank warned economic growth will remain weak.
German CPI inflation figures confirmed predictions (2% y / y and 0% m / m), and the French budget deficit narrowed to € -97.7 million to € -85 billion, while the volume of industrial production in the country fell from +1.5 % to -2.7% m / m
The 17-member currency touched a two-month low against the dollar as Greek lawmakers prepared to vote on next year’s budget on Nov. 11. EU officials confirmed the postponement of payment E31 ,3-billion tranche of Greece on November 12, at the end of the month, as the finance ministers want to wait for the report, "Three. They also point out that in any case the country is not threatened due to maturity default on November 16.
Greece issued a dismal performance of industrial production for September: -7.3% y / y vs. prev. +2.7% And CPI inflation in the country accelerated to +0.9% to +1.6%. Greece continues to move towards recession. Earlier this week, parliament approved the adoption of a package of austerity measures to € 13.3 billion, which caused a surge of violent protests.
The pound fell against the dollar after a report showed that the UK's trade deficit fell sharply. The sharp drop in oil and fuel imports in September after the August growth provoked narrowing of the trade deficit UK. The overall deficit registered narrowing to 2.699 billion from 4.309 billion in August percentage of the volume of imports fell by 0.7% q / q, while exports grew by 2.6%.
EUR / USD: during the European session the pair fell to $ 1.2687
GBP / USD: during the European session the pair fell to $ 1.5914
USD / JPY: during the European session the pair fell to Y79.06
At 13:30 GMT the U.S. will import prices for October, and 14:55 GMT - the index of consumer sentiment from the University of Michigan in November.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.