Interest rate decision. Australia, 05:30 (GMT+2) 03 Oct

03Oct.202304:30

Interest rate decision. Australia, 05:30 (GMT+2)

At 05:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. Regulator officials are likely to keep the value at 4.10%. The accompanying statement may contain an assessment of the country’s financial authorities regarding the current state of the economy against the backdrop of global geopolitical tensions.

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03 Oct. 2023 01:30

Building Approvals. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), August data on issued building permits will be published in Australia. The indicator records monthly changes in the number of applications for the construction of real estate approved by the government and is one of the most important indicators of the sector. It is expected that the figure will increase from –8.1% to –3.3% MoM and from –18.00% to –6.40% YoY. The implementation of the forecast may support the Australian dollar.

03 Oct. 2023 07:30

Consumer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), September data on the consumer price index will be presented in Switzerland. It is the main indicator of inflation in the country and reflects changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, and healthcare. The index has a significant influence on the decisions of the Swiss National Bank on monetary policy. It is expected that the figure will increase from 1.6% to 1.8% YoY and adjusted from 0.2% to 0.0% MoM.

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