The main events of the day

Thursday, January 11, is full of news on Australia, eurozone and the US.

The market still monitors the data on Japan and China, which in recent days were the main drivers of trades. In the crypto-currency market, there is a change in leaders and outsiders.

At 02:30 – data on Australia:
– The index of business confidence of Australia from NAB, the previous value is 6.
– The volume of retail sales in Australia (m/m), the forecast is 0.4%, the previous value is 0.5%.

At 12:00 – publication of the volume of industrial production of the euro area (m/m), the forecast is 0.6%, the previous value is 0.2%.

At 14:30 – publication of the minutes of the ECB meeting on monetary policy.

At 15:30 – a news block on the US:
– Basic producer price index (PPI) in the USA (m/m), the forecast is 0.2%, the previous value is 0.3%.
– The number of initial applications for unemployment benefits in the US, the forecast is 248K, the previous value is 250K.
– Producer Price Index (PPI) in the US (m/m), the forecast is 0.2%, the previous value is 0.4%.

Also, at 15:30 – release of the price index for new housing in Canada (m/m), the forecast is 0.2%, the previous value is 0.1%.

At 21:00 – announcement of the report on the implementation of the US federal budget, the forecast is -40.0D, the previous value is -139.0D.

At 23:45 –  release of the building permits in New Zealand (m/m), the previous value is -9.6%.

Hanzenko Anton