RBNZ Cash Rate Announcement Day [Video]
|German Industrial Production stats for September will be available at 7 o’clock in the morning. Production is going through a rough patch as it declined for third consecutive month in August.
Euro Zone Retail Sales for September are up next at 10 AM. Sales were down by point 2% in August and this follows July’s drop of point 6%.
Canadian Ivey PMI for October continues the data run at 3 PM GMT. The index plummeted by more than 10 points in September, remaining less than 1% above the expansionary 50-point mark. US Consumer Credit for September is up next at 8 o’clock. Credit increase surprised on upside with an expansion of more than 20 billion US Dollars.
The high importance Reserve Bank of New Zealand Monetary Policy Statement is also scheduled at 8 PM. The official cash rate has stood unchanged at 1.75% since late 2016.
A couple of Japanese publications for September wrap up this agenda at ten-to-midnight. Current account statistics will be available along with Orders Received for Machinery.
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