Guide to today’s important data and events

Lot of economic dockets scheduled for today and few with high risks associated.

Data released so far 

• Australia - National Australia Bank's business confidence dropped to 2 in October from 5 in September. Home loans rose by 2% in September, whereas investment lending for homes dropped by -8.5%.

• China - Consumer price index dropped -0.3% in October, still up 1.3% compared to a year ago. Producer price index down -5.9% in October from a year ago.

• Japan - Eco watchers survey outlook for October came at 49.1 same as prior, whereas for current it grew to 48.2 from 47.5 prior.

• Switzerland - Unemployment rate remained flat at 3.4% in October.

• France - Industrial output for September rose by 0.1% in September.

Upcoming 

• Italy - Industrial output for September to be released at 9:00 GMT.
   
• UK - Inflation report hearings scheduled at 9:00 GMT.
   
• Greece - Consumer price index for October to be released at 10:00 GMT.
   
• Euro Zone - European finance ministers will hold summit today.
   
• US - NFIB business optimism index will be released at 11:00 GMT, followed by export import price at 13:30 GMT and Redbook index at 13:55 GMT.
   
• New Zealand - RBNZ will release financial stability report at 20:00 GMT followed by Governor Wheeler speech at 20:25 GMT.
   
• Australia - Westpac consumer confidence index to be released at 23:30 GMT.