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Lot of economic dockets and events scheduled for today, some with high risks associated..
Data released so far -
- Australia - Trade balance deteriorated in August to -3.095 billion, exports grew 0%, while imports grew 1%. RBA kept interest rates on hold.
- Germany - Factory orders are down -1.8% in August from July.
- UK - Halifax house prices dropped -0.9% in September from August, still up 8.6% compared to a year ago.
Upcoming -
- Switzerland - Consumer price index to be released at 7:15 GMT.
- US - Trade balance for August to be released at 12:30 GMT, followed by Redbook index 12:55 GMT and TIPP economic optimism at 14:00 GMT. FOMC member William is to speak at 21:30 GMT.
- Canada - Trade balance for August to be released at 12:30 GMT, followed by IVEY PMI at 14:00 GMT.
- Euro Zone - ECB president Draghi is scheduled to speak today. Euro group finance ministers are meeting today.
- New Zealand - Global dairy auction is scheduled today.
- UK - BRC shop price index for September to be released at 23:00 GMT.
- Australia - AIG performance of construction index to be released at 23:30 GMT.
- Auctions - US will auction 1 month bills at 15:30 GMT and 3 year note at 17:00 GMT.
