Guide to today’s important data and events

Lot of economic dockets scheduled for today, all with low to medium risks associated. Some with high risks associated. Focus on BOE monetary policy.

Data released so far

• Switzerland - SECO consumer climate came better than prior at -18 but worse than expected -14.

Upcoming 

• Germany - Factory orders for September to be released at 7:00 GMT.

• UK - Halifax house prices to be released at 8:00 GMT. Bank of England will announce monetary policy decision at 12:00 GMT, along with release of minutes and quarterly inflation report. BOE governor Carney, scheduled to speak at 12:45 GMT.

• Switzerland - Consumer price index for October to be released at 8:15 GMT.

• Euro Zone - Euro zone economic bulletin to be released at 9:00 GMT. European commission will release economic growth forecast at 10:00 GMT along with retail sales details for September. ECB president Draghi is scheduled to speak today 11:45 GMT.

• US - Initial jobless claims report to be released at 13:30 GMT, along with non-farm productivity and unit labour cost, both for third quarter. FED's Fischer will be speaking at 13:30 GMT and Lockhart at 17:30 GMT. EIA will release natural gas inventory report at 15:30 GMT.

• Canada - IVEY PMI to be released at 15:00 GMT. Prior 53.7, expected 54.

• Australia - AIG performance of construction index to be released at 22:30 GMT. Prior 51.9