In today’s investors’ attention will be on the ZEW index of economic expectations in Germany, and CPI from New Zealand.
At 9:00 of Germany will make clear the level of the index of producer prices. Expected to fall to -0.4% compared to 0.0% for the previous period of months and -1.4% to -0.9% for the previous period on an annual basis.
At 10:00 Spain have results for new orders in the industrial sector. At the same time will come and sales data in the services sector, which is expected to keep rates at 4.0%
At 11:00 Release expect economic forecasts from the European Commission. At the same time it will become clear and the level natargovskiya balance of Italy. Analysts 4.320mlrd. Compared to EUR 5.397 billion. EUR
At 12:00 German investors will focus on the ZEW index of economic expectations, such as expected he will show level 40.0 to 34.9 points for the previous reporting period. At the same time expect to Release ZEW index of current conditions, according to research data will show the level of 13.0 points compared to 10.0 for the previous reporting period. Better data are likely to enhance the euro before the ECB meeting on Thursday.
US session began with news from Canada to supply the industrial sector, the expectations are for a slight increase to 0.5% compared to -0.6% for the previous period.
At 17:00 will make clear the level of the index of the housing market in the US. Estimates are for better data from 58 points to 57 for the previous period. At the same time, investors will turn their attention to the statement of Jerome Powell, a member of the Fed. Analysts will look for signs of the future policy of the Central Bank and the likely increase in interest rates.
At 23:45 Asian session will start with important news from New Zealand and the inflation rate for quarterly and annual basis. Forecasts are respectively 0.0% for the third quarter and 0.9% on an annual basis. When better data are likely to see an increase in NZD. We expect increased volatility after Release.