The main events of Wednesday!

On Wednesday, October 31, the economic calendar will remain eventful, among which particular attention should be given to data on: inflation in Australia, business activity in China, inflation in the eurozone, employed in the US, and Canadian GDP. Also on this day, pre-await the results of the Bank of Japan meeting.

At 01:50 – industrial prooduction (m / m) (September) in Japan,  forecast -0.2%,  previous value  0.2%.

At 02:00 – ANZ (October) business confidence index in New Zealand,  previous value  -38.3.

At 02:30 – Australian Inflation Report :
– Consumer price index (CPI) (q/q) (Q3), forecast 0.5%, previous value 0.4%.
– Consumer price index (CPI) (y/y) (Q3),  forecast 1.9%,  previous value  2.1%.
– Private sector credit (m/m) (September),  forecast of 0.4%, previous value  0.5%.
– Weighted average consumer price index (CPI) (q/q) (Q3), forecast 0.4%, previous value 0.5%.

At 03:00 – data on business activity in China:
– Index of business activity in the manufacturing sector (PMI) (Oct), forecast 50.6, previous value 50.8.
– Non-manufacturing Business Index (PMI) (October), forecast 54.9, previous 54.9.

At 09:00 – retail sales in Germany (m/m) (September),  forecast  0.5%,   previous value -0.1%.

At 12:00 – preliminary data on inflation in the euro area:
– Core Consumer Price Index (CPI) (y/y), forecast 1.0%, previous value  0.9%.
– Consumer price index (CPI) (y/y) (Oct), forecast 2.1%, previous 2.1%.
– Unemployment rate (September), the forecast of 8.1%, previous value  8.1%.

At 14:15 – ADP nonfarm employment change (October) in the US, forecast 189K,  previous value 230K.

At 14:30 –  employment cost index (q/q) (Q3) in the USA,  forecast  0.7%, previous value 0.6%.

Also at 14:30 – data on Canadian GDP:
– GDP (y/y),  previous value  2.4%.
– GDP (m/m) (aug),  previous value 0.2%.
– Commodity Price Index (RMPI) (m/m) (September), forecast -0.5%, previous value -4.6%.

At 15:45 – PMI  in Chicago (October) US, forecast 60.3, previous value 60.4.

At 16:30 – data on US oil inventories:
– Crude oil inventories, forecast 3,667M, previous value 6,346M.
– Cushing (Oklahoma) crude oil inventories,  previous value 1.371M.

At 19:15 – the speech of the National Bank of Switzerland Chairman Jordan will take place.

At 22:15 – the speech of the Bank of Canada Governor Poloz will take place.

At 23:30 – AIG production index (October) in Australia,  previous value  59.0.

Hanzenko Anton