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Economic Calendar
3 Views • Jan 28, 2016
Description
First up is Preliminary French GDP for the final quarter of last year at 6:30 in the morning. Economy expanded by point 3% in the third quarter, following a flat reading in Q2.
German retail sales for December will be available a half an hour later. Sales were up in November, following an upwardly revised contraction of point 1% in October.
Swiss KOF Economic Barometer for January is up next at 8 o’clock. Index has been weaker than expected in recent months, trending South of the 100 level.
We are getting latest Euro Zone Money Supply figures at 9 AM. The growth of money supply slowed down in November, but a slight rebound is expected in December.
It’s followed by a high importance Flash Euro Zone CPI release for this year’s first month at 10. Inflation stood unchanged at point 2% in December.
We head over the Atlantic for North American data run, which includes the high importance US Advance GDP for the fourth quarter at 1:30 PM GMT. US economy grew at an annual pace of 2% in third quarter and growth is expected to cool down in this release.
A couple of reports regarding Canadian economy are also out at the same time and GDP for November is one of them. Economy was flat in October after a sharp decline was recorded in September.
Raw material and industrial price indexes for December is the second Canadian release at this time. Both measures were down in November and raw materials price index plummeted by 4%.
Chicago PMI for January is up next at a quarter to 3. Index has remained below the 50 level for two consecutive months now and it hit a multi year low in December.
Last up is the Finalized University of Michigan Survey for January at 3 PM. According to flash report, consumer sentiment increased by point 7 points.
I’m Louise McCauley and these were the news events that might influence on the FX Markets on Friday. Tune in once again for Monday’s overview, but for now, goodbye.
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