EU and Asia Ahead US Still Closed Banc De Binary Weekly Report 14181013
Hello. Welcome to Banc De Binary's Ahead of the Week report. Bringing you the most important trading and market events for October 14thto 18th. Remember that all times are GMT. There'sstill a lot of market uncertainty over the US government shutdown which looksset to continue into its third week as Republicans and Democrats dig intheir heels over the debt ceiling and the US budget. The most important data releases thisweek are in the UK and Europe. On Monday the 14th the focus is on Chinawhich releases its annual consumer price
index for September at 01:30. Analysts expect it to rise to 2.9percent from 2.6 percent. Australia's home loans for August are out at 12:30 a.m. This figure is expected to have droppedby 2.5 percent. On Tuesday October 15th the UK announces its annual consumer price index for September a 08:30, it's expected to drop to 2.6percent from 2.7 percent. Another notable event on Tuesday is theUK's monthly producer price index for
September expected to rise by 0.9 percent. Europereleases its ZEW economic survey for October expected torise to 59.4 from 58.6. Finally on Tuesday New Zealand announces its consumer price index for the third quarter of 2013 expected at 1.3 percent.Moving onto Wednesday the 16th October at 08:30 the UK Claimant Count changefor September is announced. It's expected to be 24.3K vs. 32.6k
previously that is. The UK's ILO unemployment rates for August is out at the same time expected to remain unchanged at 7.7 percent. The EU's annual consumer price index for September is out at 09:00 it was 1.1 percent previously. On Thursday the 17th ofOctober Britain releases September retail salesfigures previously up by 2.1 percent. Lastly on Friday the 18th, Bank ofAustralia's Governor Glenn Stevens gives a speech at 01:00. Anhour later,
China releases its quarterly and annualGDP figures for the third quarter. China's growth is expected to have risenfrom 1.7 percent to 1.9 percent for the period on an annual basis. Lookout for a possibleimpact on its major trading partner Australia's currency, commodities like steel and oil. The lastmajor event of the week is Canada's monthly consumer price index forSeptember that's out at 12:30 p.m. Those are thetrading highlights for this week.
Remember to watch out for our weekly asset round up to keep updated on the latest macro movements on oil,currency majors and gold. Thanks for watching Ahead of the Weekreport. Visit bancdebinary and check out our Education Center to learn more about trading binary options and until next week, goodbye.