Thursday, the 28th of January, is a busy day with plenty of known market movers, so stay with us to find out more.
The schedule starts with a highly anticipated event at 9:30 AM, when the UK Fourth Quarter Preliminary GDP is released. The quarterly growth eased in the third quarter as a strong growth in service sector was reversed by a drop in construction.
The closely watched German Preliminary CPI for January follows at 1 PM. The annual headline inflation inched lower in December, having risen to point 4% the previous month.
The high importance weekly update on US Jobless Claims comes at 1:30. Initial claims went up by 10 thousand during the week ending January 16 while the continuing claims dropped by 56 thousand during the week ending January 9.
Another known market mover is due at the same time, namely, the US Preliminary Durable Goods Orders for December. Orders saw no change in November, following a strong 2.9% gain the previous month.
US Pending Home Sales for December will be available at 3. Sales slipped in November but this release is expected to show a recovery.
Coming up next at 9:45 are the New Zealand Building Permits for December. The number of permits has been growing for the past two months and now stands at a 10-year high.
Two news releases regarding the Japanese economy in December are out at 11:30, including the closely watched Consumer Price Index. The annual core inflation returned to growth in November, having spent 3 months in the red.
Jobless Rate saw some increase in November, but policy makers believe it still remains near full employment.
UK Consumer Confidence Index for January is scheduled at 5 minutes past midnight. The Index improved in December from the 6-month low it reached a month ago.
Australian Private Sector Credit for December follows at half past midnight. Total credit continued to grow in November, largely driven by mortgage loans.
And Japanese Housing Starts for December are up last at 5 AM. Housing starts rebounded in November, partially reversing a 2.5% annual drop the previous month.
That's all for Thursday's Economic Calendar. Check back in for the next overview of news releases for Friday. Goodbye.
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