Guide to today’s important data and events

Lot of economic dockets scheduled for today and some with high risk associated. Focus on retail inflation data from US.

Data released so far 

• Australia - Consumer inflation expectations rose to 3.5% in October from 3.2% in September. Employment dropped by -5100 in September, while unemployment rate remained same as prior at 6.2%. New motor vehicle sales rose by 5.5% in September, up 7.7% from a year ago.

• Japan - Industrial production slowed by -1.2% in August from July. Tertiary industry index up just by 0.1% for the same period.

• China - Producer price index down -5.9% in September from a year ago. Consumer price index rose 0.1% m/m in September, up 1.6% from a year ago.

Upcoming 

• US - Initial jobless claims to be released at 12:30 GMT, along with consumer price for September and New York Empire state manufacturing index. Philadelphia FED manufacturing survey scheduled at 14:00 GMT. Three FED speakers today, Bullard at 14:30 GMT, along with Dudley and followed by Mester at 20:30 GMT. EIA will release natural gas inventory report at 14:30 GMT and crude oil inventory at 15:00 GMT.
• New Zealand - Consumer price index for third quarter to be released at 21:45 GMT.
• Japan - Ministry of Japan will release investment statistics in bonds and stocks at 23:50 GMT.