Daily Economic Calendar, November 6, 2017

Hello traders, let’s see which news releases could move the currency markets on Monday, the 6th of November. Japanese Services PMI for October is up first at half past midnight. The Index has been declining for the past 3 months and now stands at an 11-month low.

Bank of Japan Governor Haruhiko Kuroda will be giving a closely watched speech at 1 AM, appearing at a meeting with business leaders in Nagoya. New Zealand fourth quarter Inflation Expectations follow at 2. The anticipated annual inflation rate inched lower in the third quarter from 2.2% a quarter ago. German Factory Orders for September will be available at 7 o’clock. Orders rebounded strongly in August, reversing a point 4% slip the previous month. Swiss Consumer Price Index for October is scheduled at quarter past 8. The annual inflation has been rising for three months straight on the back of higher clothing and petrol prices. The final estimate of Euro Zone October Services PMI is up next at 9. The preliminary estimate suggests the Index has inched slightly lower as stronger French data was reversed by a weaker German index. Euro-Zone Producer Price Index for September follows at 10. The Index returned to growth in August in light of higher energy costs and intermediate goods prices. Coming up next at 3 PM GMT is the Canadian Ivey PMI for October. The Index rebounded in September from the 3-month low reached a month ago. Australian Performance of Construction Index for October is out at half past 10 in the evening. The Index continued to decline in September, hitting a 5-month low. And Aussie Dollar traders may also want to tune in for the next event, namely, RBA Monetary Policy Statement, which comes at 3:30 AM. There have been no rate hikes for the past 7 years, and traders are not really expecting any until late 2018 or even early 2019. So that’s all for Monday’s Economic Calendar.