Not many economic dockets scheduled for today, however some with high risks associated. Focus on Janet Yellen testimony. Data released so far Australia - HIA new home sales rose 6% in December compared to -2.7% drop in N…
Not many economic dockets scheduled for today, however some with high risks associated. Focus on Janet Yellen testimony.
Data released so far
Australia - HIA new home sales rose 6% in December compared to -2.7% drop in November.
Upcoming
France - Industrial output for November will be released at 7:45 GMT.
Italy - Industrial output for December will be released at 9:00 GMT.
UK - Industrial and manufacturing for December will be released at 9:30 GMT. NIESR GDP estimate will be released 15:00 GMT.
Portugal - Portugal will announce trade balance for December and unemployment rate for fourth quarter and CPI for January.
Euro Zone - European commission will release economic growth forecast at 10:00 GMT.
US - MBA mortgage applications to be released at 12:00 GMT. FED chair Yellen will start testifying before congress at 15:00 GMT. Budget statement will be released at 19:00 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT. FOMC member William is scheduled to speak at 18:30 GMT.
New Zealand - Business PMI for January will be released at 21:30 GMT.
Auctions - US will auction 10 year note at 18:00 GMT.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
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Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…