It’s only Wednesday, but the foreign exchange markets are remaining as busy as ever.
Wednesday looks set to be dominated by US data releases.
The country’s producer price index, for example, will be out at 12:30pm GMT.
Excluding food and energy, it is expected that this metric (covering August) will show a year on year change from 2.1% to 2.2%.
Later in the day, wholesale inventories information for July will be out at 2pm GMT.
This is expected to show no change from its previous position of 0.2%.
As the evening arrives, Japanese producer price index information for August will be out at 11:50pm GMT.
This is expected to show a change from 0% to -0.2%.
Japanese machinery orders data for July will be out at 11:50pm GMT, and is expected to show a change from 13.9% to -9.9%.
Looking ahead to Thursday, it is worth noting that there may be some slowdown in the Asian markets due to a public holiday in China.
The Mid-Autumn Festival, as it is known, will see banks in the country close for the day.
The first big event of the day will be the German consumer price index for August – which is expected out at 6am GMT.
This is likely to show no change from its previous position of -0.2%.
The overall German harmonised index of consumer prices for August will be out at 6am GMT too.
This is expected to show no year on year change from its previous position of 1%.
Industrial production figures for July covering the whole of Europe are set to come out at 9am GMT on that day.
Year on year, it is expected that they will show a change from -2.6% to -1.3%.
The European Central Bank’s deposit rate decision will be out at 11:45am GMT.
This is expected to show a change from -0.4% to -0.5%.
The main event from the European Central Bank, however, is expected to be the interest rate decision which is out at the same time.
Analysts appear to have formed a consensus that this will remain at 0%, although this is still not confirmed – and some are predicting a significant rate cut from the Bank.
The normal weekly round of jobless claims will be out of the US at 12:30pm GMT.
It is expected that initial jobless claims for the dates around 6th September will show a dip from 217,000 to 215,000.
Continuing jobless claims for the previous week, however, are expected to show a change from 1,662,000 to 1,690,000.
Consumer price index figures for August will be out at 12:30pm GMT.
Month on month, this is expected to show a decline from 0.3% to 0.1%.
Overall consumer price figures excluding energy and food are due at the same time and are due to show a slight year on year rise from 2.2% to 2.3%.
Later in the day, the World Agricultural Supply and Demand Estimates report will be published by the US Department of Agriculture.
This is expected at 4pm GMT.