OctaFX | OctaFX Forex Broker
Open trading account

All eyes on Japanese Q3 GDP on Monday – Investec

FXStreet (Barcelona) - The Research Team at Investec share the crucial releases of the weak ahead.

Key Quotes

“Soon after, Japanese Q3 GDP is published on Monday. The economy’s performance following the 1.8% contraction in Q2 will be an important ingredient to the government's decision on whether to postpone the second stage of the sales tax hike next year and indeed whether to call a snap election for next month.”

“In the Euro area, the key piece of information will be ‘flash’ PMI estimates for November on Thursday. October’s composite index showed a surprising though welcome increase. Note too that the ECB Governing Council holds a ‘non-rate’ meeting on Wednesday. This could give the go-ahead for the launch of the ECB’s ABS purchase scheme.”

Portuguese economic growth slows in Q3

Portuguese inflation numbers released this morning showed that economic growth slowed to 0.2 percent, missing consensus expectations of an increase to 0.4 percent
Read more Previous

EUR/GBP hits 4-week highs above 0.7950

The euro rose further against the pound and reached the strongest level in four weeks above 0.7950.
Read more Next
Start livechat