News of the day. Tuesday 06.10.2015

October 6, 2015

On Tuesday, attention needs to be paid to September’s data on the Consumer Price Index from Switzerland, which is due at 10:15 am (GMT +3). The yearly figure is expected to remain at -1.4% indicating deflation. At the same time, the monthly figure could grow to 0.1%, which however is unlikely to bring much confidence to investors. At 5 pm (GMT +3), the Ivey Purchasing Managers Index, s.a for September is due in Canada. According to forecasts, the figure could decrease from 58.0 to 56.5 points, which would pressure the Canadian Dollar, however slightly as the indicator remains above the threshold of 50 points. At 8 pm (GMT +3), the ECB President Draghi's Speech is due, which traditionally attracts investors’ attention as it might include some comments regarding the current state of the eurozone economy. On Tuesday night, the Bank of Japan Press Conference regarding monetary policy matters of the country is going to be in the markets’ focus.

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