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FxWirePro: The Day Ahead- 4th December 2018

Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: RBA kept the policy rate unchanged at 150 bps at today’s meeting. Q3 current account …

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

Data released so far:

  • Australia: RBA kept the policy rate unchanged at 150 bps at today’s meeting. Q3 current account balance came at -$10.7 billion.

Upcoming:

  • France: October budget details will be released at 7:45 GMT.
     
  • Spain: November unemployment change report will be released at 8:00 GMT.
     
  • Switzerland: CPI inflation report will be released at 8:15 GMT.
     
  • United Kingdom: ECJ might release its opinion on Brexit case today. BoE’s governor Carney is set for a speech at 9:15 GMT. Construction PMI report will be released at 9:30 GMT. MPC member Vlieghee is set for a speech at 18:00 GMT.
     
  • Eurozone: PPI inflation report for the month of October will be released at 10:00 GMT. Expected 4.5 percent y/y.
     
  • Canada: Q3 labor productivity report will be released at 13:30 GMT.
     
  • United States:   ISM New York report will be released at 14:45 GMT. FOMC member Williams is set for a speech at 15:00 GMT.
     
  • Auction: U.S. will auction 1-month, and 12-month bills at 16:30 GMT.

 

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