Friday the 13th of November brings the latest update on Euro Zone economic growth, so let's take a closer look with the Economic Calendar. I'm Jessica Walker
Coming up first at 7 AM is the closely watched preliminary estimate of German third quarter GDP. The largest Euro Zone economy grew by point 4% during the second quarter, which is an improvement from the point 3% gain the previous period.
Swiss Producer and Import Price Index for October follows at 8:15. The Index posted its sixth consecutive monthly decline in September.
The high importance Euro Zone third quarter Preliminary GDP comes at 10. Traders anticipate the European Central Bank will expand its QE programme in December, so the GDP data may provide some additional support to this speculation.
Two news releases regarding the US economy in October are out at 1:30 PM GMT, and the highly anticipated Preliminary Retail Sales is one of them. Sales grew less than expected in September, and the core sales even went down.
Producer Price Index slipped in September and, unsurprisingly, a 5.9% drop in final demand energy was the main culprit.
The closely watched University of Michigan Preliminary Consumer Confidence for November will be released at 3. The Index rebounded in October from the 11-month low it reached the previous month.
And US Business Inventories for September are out at this time as well. Inventories have stood unchanged for the past two months.
You've been watching the Economic Calendar for Friday. Check back in for the next overview of news releases for Monday. Goodbye.
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