The main events of the day

On Thursday, November 2, the day is full of data on Australia, Germany and the United States. The market will be focused on the report of the Bank of England.

At 02:30 – Data on Australia:
– Permits for construction in Australia (m/m), the forecast is -1.0%, the previous value is 0.4%.
– Australia’s trade surplus, the forecast is 1,200V, the previous value is 0.989V.

At 10:55 – Release of data on Germany:
– Index of business activity in the manufacturing sector (PMI) of Germany, the forecast is 60.5, the previous value is 60.5.
– The unemployment rate in Germany, the forecast is 5.6%, the previous value is 5.6%.

At 11:00 – Announcement of the change in the number of unemployed in Germany, the forecast is -10K, the previous value is -23K.

Also at 11:00 – Release of the index of business activity in the manufacturing sector (PMI) of the eurozone.

At 11:30 – Release of the index of business activity in the construction sector of Great Britain.

At 14:00 – Publication of the minutes of the meeting of the Bank of England:
– Bank of England’s inflation report.
– The decision on the interest rate of the Bank of England, the forecast is 0.50%, the previous value is 0.25%.
– Minutes of the meeting of the Committee on the Monetary Policy of the Bank of England.

At 14:30 – The speech of the head of the Bank of England Carney.

Also at 14:30 – A news block on the US:
– The number of initial applications for unemployment benefits in the US, the forecast is 235K, the previous value is 233K.
– The level of productivity in the non-agricultural sector of the USA (q/q), the forecast is 2.4%, the previous value is 1.5%.
– Labor costs in the US (q/q), the forecast is 0.5%, the previous value is 0.2%.

Hanzenko Anton