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Daily Economic Calendar, October 17, 2017

By:
Kiays Khalil
Updated: Oct 16, 2017, 13:31 UTC

Let's see which news releases could move the currency markets on Tuesday, the 17th of October. This is the Economic Calendar. Several news releases

Daily Economic Calendar

Let’s see which news releases could move the currency markets on Tuesday, the 17th of October. This is the Economic Calendar. Several news releases regarding the UK economy are up first at 8:30, including the closely watched September CPI.

The annual inflation has stood above the Bank of England’s target rate for seven months straight, and a further increase is expected. September Producer Price Index comes at the same time. Price growth accelerated in August from point 1% the previous month. And House Price Index for August is out at this time as well. Home prices have been growing at a steady 5.1% pace for the past two months. The high importance German ZEW Economic Sentiment for October follows at 9. The Index rebounded in September, having reached an 11-month low a month ago. The final reading of Euro Zone September CPI will be available at the same time. The initial estimate puts the annual inflation at 1.5%, which is the same as in August. Bank of England Governor Mark Carney will be giving a closely watched speech at quarter past 10, appearing before the Treasury Select Committee in London. Coming up next at 12:30 PM GMT is the US Import Price Index for September. The Index rebounded in August, reversing three months of decline. US Industrial Production for September is scheduled at 1:15, and August data surprised on the downside as output slipped for the first time in 6 months. US NAHB Housing Market Index for October is out at 2. The Index fell by 3 points in September as hurricanes Irma and Harvey did little to improve the builder confidence. And Australian Westpac Leading Index for August concludes the schedule at 11:30. The Index slipped in July, reversing a point 1% gain the previous month.

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