Wednesday brings a closely watched event for the Loonie Dollar traders, so let’s find out more with the Economic Calendar.
Coming up first at half past 8 in the morning is the UK Labour Report for August. The unemployment rate has stood at the same low level for three months straight.
US Building Permits for September are out at 12:30 PM GMT. The number of permits stood unchanged in August, contrary to the expectations of a slight increase.
Bank of Canada will release its high importance Monetary Policy Statement at 2. No changes to monetary policy are expected, but the policy makers could lower their growth forecasts.
Federal Reserve Beige Book is published at 6. The policy makers have maintained they may raise the interest rates this year, so this publication is of some interest.
And a high importance release for Aussie Dollar traders comes at half past midnight, namely, the Australian Labour Report for September. The previous report surprised on the upside as the unemployment rate inched lower by point 1 percentage point.
These are the news releases to watch on Wednesday, the 19th of October. I’m Jessica Walker and we’ll be back with the next overview of news releases for Thursday, but until then, goodbye.
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