FxWirePro: The Day Ahead- 7th September, 2016

Lots of economic dockets and events scheduled for today and some with high volatility risks associated.

Data released so far:

• Australia: Second quarter GDP grew by 0.5 percent on quarterly basis, up 3.3 percent from a year ago.

Upcoming:

• Germany: Industrial production data for July will be reported at 6:00 GMT.
• France: Trade balance for July will be announced at 6:45 GMT.
   
• Switzerland: FX reserve details will be reported at 7:00 GMT.
   
• United Kingdom: Halifax house prices report will be released at 7:30 GMT, along with manufacturing and industrial production at 8:30 GMT. BoE governor Mark Carney will testify before congress beginning at 9:00 GMT. NIESR will release its GDP estimate at 14:00 GMT. RICS house price balance report is set to be released at 23:00 GMT.
   
• United States: MBA mortgage applications report is scheduled at 11:00 GMT, followed by Redbook index at 12:55 GMT, and JOLTS jobs report at 14:00 GMT Fed will release Beige book at 18:00 GMT. EIA will release crude inventory data at 14:30 GMT.

• Canada: BoC will announce rate decision at 14:00 GMT, along with IVEY PMI release.

• Japan: Second quarter GDP figure will be released at 23:50 GMT along with current account for July.