The main events of Tuesday!

On Tuesday, November 6, the day is full of data on business activity in the services sector. The focus should be on the results of the RBA meeting, US statistics and employment in New Zealand.

At 01:30 – data on spending in Japan:
– Household spending (m/m) (September), forecast -1.8%, previous value 3.5%.
– Household spending (y/y) (September), forecast 1.6%, previous value 2.8%.

At 02:01 –  retail sales from BRC (y/y) (October) in the UK,  forecast 0.6%, previous value  -0.2%.

At 05:30 –  RBA  interest rate decision  (November),  forecast  1.50%,  previous value  1.50%.

At 09:00 –  factory orders in Germany (m/m) (September),  forecast  -0.6%,  previous value  2.0%.

At 10:55 –  business activity index in the services sector of Germany (October),  forecast 53.6,  previous value  53.6.

At 11:00 –  data on business activity in the euro area:
– Markit Composite index of business activity (PMI) (Oct), forecast 52.7, previous value  52.7.
– Index of business activity in the services sector (October), forecast 53.3,  previous value  53.3.

At 15:30 – construction permits (m / m) (September) in Canada, forecast 0.4%,  previous value  0.4%.

At 17:00 –  JOLTS job openings (September), the United States,  forecast  7.100M,  previous value  7.136M.

At 23:30 – API weekly crude oil inventories in the USA,  previous value  5,700M.

At 23:45 – an employment report i New Zealand:
– Employment change (q/q) (Q3), forecast 0.5%, previous value 0.5%.
– Unemployment rate (Q3),  forecast of 4.5%, previous value 4.5%.

Hanzenko Anton