Retail sales. Australia, 02:30 (GMT+2) 03 Nov

03Nov.202301:30

Retail sales. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2) in Australia, Q3 data on retail sales will be published – a key indicator of consumer spending that has a significant impact on the country’s gross domestic product (GDP). The indicator records the volume of all goods retailers sold, based on samples of stores of different types and sizes. A correction in the value is expected from 0.2% to −0.3% MoM, putting pressure on the Australian dollar.

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02 Nov. 2023 15:15

Speech by Bank of England Governor Andrew Bailey. UK, 16:15 (GMT+2)

At 16:15 (GMT+2), the head of the Bank of England, Andrew Bailey, will give a speech, in which investors hope to hear comments on the steps already taken in the field of monetary policy aimed at slowing the rate of record inflation, as well as forecasts for the development of the national economy in the context of global instability.

03 Nov. 2023 02:45

Caixin manufacturing PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), China will publish October data on the manufacturing business activity index from Caixin. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and prospects for its further development is assessed. The indicator is expected to correct from the current 50.2 points to 51.2 points, supporting the yuan.

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