This is the Economic Calendar for Wednesday, the 8th of November. Let's see which news releases could be of interest to currency traders. Canadian
This is the Economic Calendar for Wednesday, the 8th of November. Let’s see which news releases could be of interest to currency traders. Canadian Building Permits for September are up first at 1:30 PM GMT. The number of permits has been decreasing for the past two months. Reserve Bank of New Zealand will release its closely watched Monetary Policy Statement at 8 o’clock in the evening.
No rate hikes are anticipated, but this release also includes a press conference, which could cause some volatility. Japanese Machinery Orders for September are out at 11:50. Orders continued growing in August, and gains were recorded across the board. UK RICS House Price Balance for October follows one minute past midnight. The Index stood unchanged in September, suggesting a very modest increase in home prices. Australian Home Loans for September will be available at half past midnight. Lending has been growing for the past 4 months, and investment housing loans have seen especially strong growth. The closely watched Chinese October CPI comes at 1:30 AM and the annual inflation inched lower in September from the 8-month high reached the previous month. And Chinese Producer Price Index for October is out at the same time. Now, producer price index surprised on the upside, surging to a 6-month high. This was the Economic Calendar for Wednesday.