27.11.2013 - Economic Calendar by Dukascopy

Thursday, the 28th of November, is packed with important news releases from around the world, and the Dukascopy TV team is here to take a closer look with the Economic Calendar. I'm Elaine Stenson US markets are closed for Thanksgiving, but the rest of the world remains busy. The first item on the schedule comes at quarter to seven in the morning, when the Swiss third quarter GDP is released. Swiss economy continued growing in the second quarter, following a point 6% increase the previous stanza. The high importance German labour survey for November is out at 8:55 AM. The adjusted unemployment rate remained unchanged in October, but the number of unemployed people inched higher. The final version of Euro Zone Consumer Confidence for November is scheduled at ten. The preliminary estimate puts the Index at minus 15.4. A closely watched event comes at half past ten when the Bank of England releases its Financial Stability Report. Governor Mark Carney will hold a press conference introducing the report. Another high importance news release is due at 1 PM, and it is the German Preliminary CPI for November. The annual inflation decreased in October, having stood at 1.4% a month ago. Canadian Current Account for the third quarter will be available at half past 1. Current account deficit increased in the second quarter from 13.4 billion the previous stanza. Coming up next at quarter to ten in the evening is the New Zealand Building Permits for October. The number of permits continued to grow in September, following a 1.5% increase in August. Japanese Manufacturing PMI for November will be released at 11:15 PM. The Index went up in October from 52.5 a month ago, showing that Japanese manufacturing is growing at an increasing speed. Three news releases regarding the Japanese economy in October are out at half past eleven, including the closely watched national Consumer Price Index and Tokyo's CPI for November. National core inflation inched lower in September, moving further away from Bank of Japan's target rate of 2%. Unemployment rate went down in September, having posted an unexpected increase a month ago. And household spending is the last news release due at this time. The September results surprised strongly on the upside, reversing a 1.6% annual decline the previous month. Japanese Preliminary Industrial Production for October is scheduled for 11:50. Production went up in September, offsetting a point 9% decrease in August. Next up at 5 minutes past midnight is the UK GfK Consumer Confidence for November. The Index came in lower than expected in October, inching down from minus 10 a month ago. Australian Private Sector Credit for October is out at half past midnight. Australians continued to add private credit in September, posting the same monthly growth as in August. And wrapping up the schedule at 5 AM is the Japanese Housing Starts for October. Housing starts have posted a double-digit annual growth for 4 out of the last 5 months, but a slower pace is expected this month. That concludes the Economic Calendar for Thursday. We'll be back with the next overview of key events for Friday, but for now, goodbye.