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Lot of economic dockets to be released today. Some with high risks associated.
Data released so far -
- Australia - New motor vehicle sales rose by 2.1% in August from a year ago, however it is down -1.6% on monthly basis.
- Japan - Bank of Japan kept monetary policy on hold.
- France - Consumer price index rose by 0.4% in August from June.
- UK - Consumer price index rose by 0.2% in August, flat on yearly basis. Retail price index up 0.5% in August from July, up 1.1% on yearly basis. Producer price index (output) is down -0.4% in August, down -1.8% from a year ago. DCLG house price index rose 5.2% in August for last 12 months.
- Germany - ZEW survey current economic situation rose to 67.5 in September from 65.7 in August. However economic sentiment deteriorated sharply to 12.1 from 25 prior.
- Euro Zone - Zew survey economic sentiment deteriorated to 33.3 in September from 47.6 in August. Employment change improved by 0.3% in August. Trade balance for July rose to €22.4 billion compared to 21.9 billion in June.
Upcoming -
- US - Retail sales for August to be released at 12:30 GMT, along with NY state manufacturing index, followed by Redbook index12:55 GMT and industrial production at 13:15 GMT.
- UK - Conference board leading economic index to be released at 13:30 GMT.
- New Zealand - Current account balance for second quarter to be released at 22:45 GMT. Global dairy auction scheduled for today.
- Auction - US will auction 1 month and 12 month bills at 15:30 GMT.
