FxWirePro: The Day Ahead- 8th November, 2016

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

Data released so far:

• United Kingdom: BRC retail sales grew 1.7 percent in September from ayear ago.

• Australia: National Australia bank’s business confidence marginally declined to 4 from 6 and business conditions declined from 8 to 6.

• China: Trade balance for October came at $49 billion. Imports declined 1.4 percent y/y and exports declined 7.3 percent y/y.

• Japan: Leading economic index marginally declined to 100.5 and coincident index rose to 112.1

Upcoming:

• Switzerland: Unemployment report for October will be released at 6:45 GMT.

• Germany: Industrial production report for September will be released at 7:00 GMT, along with trade balance report.

• France: Trade balance report for September will be published at 7:45 GMT.

• United Kingdom: Manufacturing and industrial production report for September will be released at 9:30 GMT, followed by inflation report hearings at 10:00 GMT. NIESR will release its GDP estimate at 15:00 GMT.       

• United States: NFIB Business optimism index will be published at 11:00 GMT, followed by JOLTS jobs report at 15:00 GMT. Fed’s Evans is scheduled to speak at 17:20 GMT.

• New Zealand: Electronic card retail sales will be reported at 21:45 GMT.

• Australia: Westpac consumer confidence for November will be released at 23:30 GMT.

• Japan: trade balance report for September will be published at 23:50 GMT.

• Auction: US will auction 1-month and 12-month bills at 16:30 GMT and 3-year note at 18:00 GMT.