Calendar updates: what’s happening this week?


With Monday now here, it’s a good time to look at what’s due in the forex trading markets this week.

On Monday, the Chicago Federal Reserve will release its national activity index at 12:30pm GMT covering October.

This is expected to show a change from -0.45 to -0.43.

Two speeches from the European Central Bank are due at 6pm GMT.

One will be from Philip Lane, who is the Bank’s chief economist and a member of its Executive Board.

Another will be from Yves Mersch, who serves as its governor.

Later in the evening, there will be a speech from Guy Debelle, who is the assistant governor for financial markets at the bank.

He will speak at the 2019 ACOSS National Conference in Canberra.

At midnight on Tuesday, Jerome Powell, who serves as the chair of the US Federal Reserve, will speak.

Moving away from central banker speeches, at 7am GMT there will be a consumer confidence survey out of Germany.

This is widely expected to hold firm at its previous position of 9.6.

US housing price index data will be out at 2pm GMT covering September.

Month on month, this is forecast to show no change from its previous position of 0.2%.

A home price index from S&P and Case-Shiller will also be out at 2pm GMT.

This index is predicted to show no year on year change from its previous position of 2%.

At 3pm, consumer confidence data will be out of the US.

Over in New Zealand, the Reserve Bank there will release its financial stability report at 8pm GMT.

Trade balance figures for October are due out at 9:45pm GMT.

On Wednesday, the first major event of the day is scheduled to be a speech from the Bank of Japan’s  Makoto Sakurai.

This is expected to occur at 1:30pm GMT.

Consumer confidence figures for November will be out of France at 7:45am GMT.

They’re expected to show a change from 104 to 103.

Another speech from Philip Lane at the European Central Bank is expected at 9:30am GMT.

US personal income figures for October are due at 1:30pm GMT.

These are expected to show no change from the previous position of 0.3%.

Durable goods orders data for October is expected at 1:30pm GMT.

This is set to show a change from -1.2% to -0.7%.

Preliminary annualised gross domestic product data for Q3 of 2019 will be out of the US at 1:30pm GMT.

This is expected to show no change from 1.9%, where it was previously recorded.

The day will be rounded off by a series of Japanese economic data figures, which are all due out at 11:50pm GMT.

Retail trade figures for October will be out first and are predicted to show a year on year change from +9.2% to -4.4%.

Large retailers’ sales figures for October will also be out then and are expected to show a change from 10% to 1.2%.

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