The main events of the day
On Thursday, November 23, the day promises to be full of data on the euro area. But, because of the celebration of Thanksgiving Day in the US, activity in the market will be reduced.
- At 09:00 – data on GDP in Germany:
– Germany’s GDP (q/q), the forecast is 0.8%, the previous value is 0.4%.
– Germany’s GDP (y/y), the forecast is 2.6%, the previous value is 2.3%. - At 10:30 – publication of a news block on Germany:
– Index of business activity in the manufacturing sector (PMI) in Germany, the forecast is 60.4, the previous value is 60.6.
– The index of business activity in the German services sector, the forecast is 55.0, the previous value is 54.7. - At 11:00 – data on the euro area:
– The index of business activity in the manufacturing sector (PMI) of the eurozone, the forecast is 58.3, the previous value is 58.5.
– Composite index of business activity (PMI) by Markit in the euro area, the forecast is 56.0, the previous value is 56.0.
– The index of business activity in the services sector in the euro area, the forecast is 55.1, the previous value is 55.0. - At 11:30 am – publication of the preliminary data on the UK:
– Business investment in the UK (q/q), the forecast is 0.4%, the previous value is 0.5%.
– UK GDP (y/y), the forecast is 1.5%, the previous value is 1.5%.
– UK GDP (q/q), the forecast is 0.4%, the previous value is 0.4%. - At 14:30 – publication of the minutes of the ECB meeting on monetary policy.
- At 15:30 – data on Canada:
– The basic index of retail sales in Canada (m/m), the forecast is 1.0%, the previous value is -0.7%.
– The volume of retail sales in Canada (m/m), the forecast is 0.9%, the previous value is -0.3%. - At 18:30 – the speech of the chairman of the National Bank of Switzerland, Jordan.
- At 23:45 – publication of the trade balance of New Zealand:
– New Zealand’s trade balance (y/y), the forecast is -2.705M, the previous value is -2.910M.
– New Zealand’s trade balance (m/m), the forecast is -750M, the previous value is -1,143M.
Hanzenko Anton