FxWirePro: The Day Ahead- 31st January 2018

Wednesday, January 31, 2018 4:46 AM UTC

Lots of economic data and events scheduled for today, and some with high volatility risks associated.

Data released so far:

United Kingdom: GFK consumer confidence index came at -9 in January. BRC shop price index down -0.5 percent in January.
Australia: Private sector credit up 4.8 percent y/y in December. Consumer price inflation up 1.9 percent y/y in the fourth quarter. RBA trimmed mean up 1.8 percent.
China: NBS non-manufacturing PMI rose to 55.3 in January. Manufacturing PMI declined to 51.3 in January.

Upcoming:

Japan: December construction orders report will be released at 5:00 GMT, along with housing starts and consumer confidence reports.
Germany: December retail sales report will be released at 7:00 GMT, followed by January unemployment report at 9:00 GMT.
Switzerland: UBS consumption index will be updated at 7:00 GMT.
France: December producer price inflation report will be released at 7:45 GMT, along with January consumer price inflation report.
Spain: January HICP inflation report will be released at 8:00 GMT, followed by November current account balance report
Italy: December unemployment report will be released at 9:00 GMT.
Greece: November retail sales report will be released at 10:00 GMT.
Eurozone: December unemployment report will be released at 10:00 GMT, along with January CPI inflation report.
United States: MBA mortgage report will be released at 12:00 GMT, followed by ADP employment report at 13:15 GMT. Employment cost index for the fourth quarter will be updated at 13:30 GMT. Chicago PMI report will be released at 14:45 GMT, followed by pending home sales report at 15:00 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT. Fed will announce interest rate decision at 19:00 GMT.
Australia: AiG performance of manufacturing report will be released at 22:30 GMT.

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