The main events of the day

Wednesday, November 8, full of data on China, Canada and New Zealand.

Preliminary will be published the balance of China’s trade balance, the forecast is 39.50V, the previous value is 28.61V.

At 15:15 – the volume of construction of new homes in Canada, the forecast is 210.0K, the previous value is 217.1K.

At 15:30 – publication of building permits in Canada (m/m), the forecast is -0.2%, the previous value is -5.5%.

At 17:00 – announcement of the data on oil reserves in the US:
– Crude oil reserves in the US, the forecast is -2.800M, the previous value is -2.435M.
– Data on excess oil reserves in Cushing (Oklahoma, USA), the previous value is 0.090M.

At 22:00 – publication of the decision of the Reserve Bank of New Zealand on the interest rate, the forecast is 1.75%, the previous value is 1.75%.

Hanzenko Anton