UK Unemployment Report Tuesday [Video]

Dukascopy TV Team is back with the Economic Calendar for Tuesday, which is relatively busy in terms of news releases. Swiss Trade Balance for January opens this agenda at 7 o'clock in the morning. Trade surplus narrowed down during the final month of last year as it dropped from nearly three billion to just under 1.8 billion Swiss Francs. Euro Zone Current Account data for December will then be available at 9 AM. The seasonally adjusted current account surplus narrowed down sharply in November after jumping to an upwardly revised 26.8 billion Euros in October. Sterling traders will be monitoring closely the high importance UK Unemployment Report for January at 9:30 in the morning. According to the Office for National Statistics, unemployment rate for all people for the latest time period, September to November, was 4 percent. It has not been lower since the 1970s. Euro Zone and German ZEW Surveys for February will then be published a half an hour later. The Economic Sentiment index stood well into the negative territory in January in both the Euro Zone and Germany. However, declines moderated slightly. The US NAHB Housing Market Index for February is up next at 3 PM GMT. The index rebounded in January from February's level of 56, which was the lowest reading since early 2015. New Zealand Produce Price Index for the fourth quarter will then be released at a quarter to ten. Both input and output measures showed strong increases in the third quarter as they rose by more than one percent. Australian Leading Index for December is up next at 11:30 PM. The index slipped by point 2 percent in November and this was the second consecutive monthly decline. Provisional Japanese Trade Balance for January is scheduled for publication at ten to midnight. Balance stood slightly in the red in December and this compares with a surplus of more than 350 billion Japanese Yen on the same month a year ago. Australian Wage Price Index for the fourth quarter wraps up this agenda at a half past midnight. The index posted a gain of point 6 percent in September quarter and it was 2.3 percent up from a year ago.