Economic Calendar

Thursday brings the latest ECB statement, so keep watching this Economic Calendar to find out more. German Producer Price Index for September is up first at 6 AM. The Index slipped in August on the back of declining energy prices. Swiss Trade Balance for September comes at the same time. Trade surplus continued growing in August as exports fell less than imports. UK Retail Sales for September... Еще follow at 8:30. Sales eases in August, following a strong 1.9% gain the previous month. So the closely watched ECB Monetary Policy Statement is out at 11:45, and make sure you tune in for the press conference 45 minutes later as that is when the rate movements usually happen. There should be plenty to discuss during the conference; for instance, there have been rumours the ECB may start its own QE tapering. US Jobless Claims for October are up next at 12:30 PM GMT. Initial claims stood unchanged during the week ending October 8 whereas the continuing claims dropped by 16 thousand during the week ending October 1. Philadelphia Fed Manufacturing Index for October comes at this time as well. The Index soared in September, reaching its highest level in more than a year. And two news releases regarding the US economy in September are out at 2, and Existing Home Sales is one of them. Sales have been declining for the past 2 months. Leading Index also inched lower in August, partially reversing a point 5% growth the previous month. I'm Celeste Skinner and you've been watching the Economic Calendar for Thursday, the 20th of October. Check back in for the next overview of news releases for Friday. Goodbye.

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