Guide to today’s important data and events

Not many economic dockets scheduled for today and all with low to medium risks associated. Focus is on FOMC minutes

Data released so far -

• Australia - Wages grew by 0.6% in third quarter, up 2.3% from a year ago.

• China - House price index down by -0.1% in October.

Upcoming -  

• Euro zone - Construction output to be announced at 10:00 GMT for September.
  
  
• Switzerland - Zew Survey expectations to be released at 10:00 GMT.
  
  
• US - MBA mortgage applications to be released at 12:00 GMT, followed by housing starts and building permits for October at 13:30 GMT. FOMC will release minutes at 19:00 GMT. EIA will release weekly inventory report at 15:30 GMT. Several FED speaker scheduled for today, Lockhart at 13:00 GMT, along with Mester and Dudley.
  
  
• Canada - Housing starts data for October to be released at 13:30 GMT.
  
  
• New Zealand - Producer price index to be released 21:45 GMT.
  
  
• Japan - Trade balance for October to be released at 23:50 GMT along with investment statistics.
  
• Auctions - UK will auction 10 year bond today.