The main events of Friday!
On Friday, November 9, you should focus on the inflation datain China and the UK GDP.
At 02:30 – data for Australia:
– Housing loans (m/m) (September), forecast -1.0%, previous value -2.1%.
– RBA monetary policy report.
At 03:30 – an inflation report in China :
– Consumer price index (CPI) (m/m) (October), forecast 0.2%, previous value 0.7%.
– Consumer price index (CPI) (y/y) (Oct), forecast 2.5%, previous 2.5%.
– Producer Price Index (y/y) (Oct), forecast 3.3%, previous value 3.6%.
At 11:30 – block of news on UK GDP:
– Business investment (q/q) (Q3), forecast 0.2%, previous value -0.7%.
– The volume of exports (q/q), previous value -3.6%.
– GDP (m/m), forecast of 0.1%, previous value 0.0%.
– GDP (y/y) (Q3), forecast 1.5%, previous value 1.2%.
– GDP (q/q) (Q3), forecast 0.6%, previous value 0.4%.
– The volume of imports (q/q), previous value -0.8%.
– Industrial Production (m/m) (September), forecast -0.1%, previous value 0.2%.
– Manufacturing production (m/m) (September), forecast 0.1%, previous value -0.2%.
– Monthly GDP 3m/3m change , forecast 0.6%, previous value of 0.7%.
– Trade balance (September), forecast -11.25B, previous value -11.20B.
– Trade balance excluding EU countries (September), forecast -3.90B, previous value -4.22B.
At 15:30 – US statistics will be released:
– Basic Producer Price Index (PPI) (m/m) (Oct), forecast 0.2%, previous 0.2%.
– Producer Price Index (PPI) (m/m) (Oct), forecast 0.2%, previous 0.2%.
At 20:00 – number of Baker Hughes oil rigs in the USA, previous value 874.
Hanzenko Anton