FxWirePro: The Day Ahead- 16th November, 2016

Lots of economic dockets and events scheduled for today but all with low to medium risks associated.

Data released so far:

Australia: Wage price index grew 0.4 percent in third quarter, up 1.9 percent from a year ago. New motor vehicle sales declined 2.4 percent in October, up 1.2 percent from a year back.

Upcoming:

• United States: Fed’s Bullard is scheduled to speak at 8:00 GMT. MBA mortgage applications will be released at 12:00 GMT. Producer price index for October will be released at 13:30 GMT, followed by Industrial production report at 14:15 GMT. NAHB housing market report will be released at 15:00 GMT. EIA will release its weekly inventory report at 15:30 GMT. FOMC member Harker is scheduled to speak at 22:30 GMT.

• Eurozone: ECB will hold its non-monetary policy meeting today.

• United Kingdom: Unemployment report will be published at 9:30 GMT. CB leading economic index will be released at 14:30 GMT.

• Switzerland: Zew survey report will be published at 10:00 GMT.

• Canada: Manufacturing shipments for September will be released at 13:30 GMT.

• New Zealand: RBNZ financial stability report will be released at 20:00 GMT. Producer price index for the third quarter will be released at 21:45 GMT, along with retail sales at 21:45 GMT.