Economic Calendar

This is the Dukascopy Economic Calendar for Thursday, the 21st of September. Let's see which news releases are worth a closer look. Coming up first at 6 AM is the Swiss August trade balance. Trade surplus widened quite notably in July as exports continued growing and imports inched lower. UK Public Sector Net Borrowing for August is out at 8:30, and there actually was a budget surplus in July... Еще, albeit smaller than the 2.4 billion surplus a year ago. Coming up next at 12:30 PM GMT is the closely watched weekly update on US Jobless Claims. Initial claims decreased by 14 thousand during the week ending September 9 whereas the continuing claims went down by 7 thousand during the week ending September 2. Philadelphia Fed Business Outlook for September is due at the same time, and the Index has been declining for the past 3 months, but it remains well in the positive territory. Canadian Wholesale Trade for July will be available at this time as well. Sales slipped in June for the first time in 9 months. US House Price Index for July follows at 1. The June data surprised on the downside as prices saw very limited growth; the report noted that sales remain low, and limited supply remains the main reason for any price growth. The central bank watchers may want to tune in at 1:30, when ECB President Mario Draghi will be delivering opening remarks at the European Systemic Risk Board annual conference in Frankfurt. US Leading Index for August comes at 2, and the Index continued growing in July as a drop in building permits was reversed by improved financial indicators, new factory orders and economic sentiment. And the preliminary estimate of Euro Zone Consumer Confidence for September is out at the same time. The Index stood unchanged in August, remaining above its long-term average. That's all for Thursday's Economic Calendar. I'm Celeste Skinner and we'll be back with the next overview of key events for Friday.

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