The main events of Thursday!

On Thursday, November 8, the day is saturated with data on the trade balance of Japan and Germany and employment in Switzerland. The market will be focused on the results of the US Federal Reserve meeting.

At 01:50 – data on the trade balance in Japan:
– Adjusted Current account balance (seasonally ), forecast 1.36T, previous value 1.43T.
– Current account balance (not-seasonally adjusted) (September), forecast 1,773T, previous value 1,838T.

At 02:01 – RICS house price balance (October) in the UK,  forecast -2%,  previous value  -2%.

At 08:45 – employment data in Switzerland:
– Unemployment rate in Switzerland, excluding seasonal changes (October),  forecast of 2.4%,  previous value 2.4%.
– Unemployment rate in Switzerland, taking into account seasonal changes (Oct),  forecast of 2.5%, previous value  2.5%.

At 09:00 –  trade balance of Germany (September), forecast 18.0B,  previous value  18.3B.

At 11:00 – ECB  monthly report will be released.

At 15:15 –  housing starts (October) in Canada,  forecast 195.0K, previous value  188.7K.

At 15:30 –  initial jobless claims in the US,  forecast  214K, previous value 214K.

Also at 15:30 – new housing price index (m/m) (September),  forecast  0.1%, previous value  0.0%.

At 21:00 – the US Federal Reserve meeting results :
– FOMC statement.
– Fed Interest rate decision,  forecast  2.25%,  previous value 2.25%.

Hanzenko Anton