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Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: National Australia bank’s business confidence index came at 8 in October and business conditions improved to 21 from 14.
- China: Urban investments up 7.3 percent y/y in October. Industrial production up 6.2 percent y/y. Retail sales up 10 percent y/y in October.
Upcoming:
- Germany: HICP inflation report will be released at 7:00 GMT, along with third-quarter GDP. ZEW economic survey report will be released at 10:00 GMT.
- Spain: HICP inflation report will be released at 8:00 GMT.
- United States: Fed’s Evans is scheduled to speak at 8:00 GMT. Fed’s Yellen is scheduled to speak at 10:00 GMT. NFIB will release business optimism index at 11:00 GMT. Fed’s Bullard is scheduled to speak at 13:15 GMT. Producer price inflation report will be published at 13:30 GMT
- Switzerland: Producer and import price inflation report will be released at 8:15 GMT.
- Italy: Third-quarter GDP report will be released at 9:00 GMT. Consumer price inflation report will be released at 10:00 GMT.
- Portugal: Third-quarter GDP report will be released at 10:00 GMT.
- United Kingdom: UK inflation report including RPI, PPI, CPI, and HPI will be released at 9:30 GMT. MPC member Cunliffe is scheduled to speak at 17:30 GMT.
- Eurozone: Third quarter flash GDP report will be released at 10:00 GMT. September industrial production report will be released at 10:00 GMT, along with Zew survey report on economic sentiment.
- Japan: Third quarter flash GDP report will be released at 23:50 GMT.
- Auction: Spain will auction 6-month and 12-month bills today. U.S. will auction n1-month bill at 16:30 GMT.
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