Hello, traders, you’re watching the Dukascopy Economic Calendar for Monday, the 13th of November. Japanese Preliminary Machine Tool Orders for October are up first at 6 AM, and orders rebounded in September as both domestic and foreign orders went up. US Federal budget balance for October is out at 7.
There was a budget surplus in September, but it was much smaller than the 33.4 billion dollar surplus a year ago. National Australia Bank Business Confidence for October follows at half past noon. The Index returned to growth in September as growth was recorded across most sectors; however, retail remained a prominent exception. And two news releases regarding the Chinese economy in October will be available at 2 AM, including the Industrial Production. Output picked up speed in September, following a worse-than-expected 6% gain the previous month. Retail Sales also saw some increase in September, although these improved data were overshadowed by weaker GDP growth.