News of the day. Thursday November 26, 2015

26 November, 2015

News of the day. Thursday November 26, 2015

There are not going to be many important publications in either Europe or the US, where it is a Thanksgiving Day, on Thursday. Today attention needs to be paid to data on the Industrial Production for the third quarter in Switzerland, due at 10:15 am (GMT+2). It is worth noting that Industrial Production was falling in the first half of the year – by 5% in the first quarter and by 2.4% in the second quarter. Most likely, the tendency will remain in the third quarter too that would pressure the Franc. On Thursday night at 1:30 am (GMT+2), a big bloc of macroeconomic statistics is due in Japan. The most important publications are going to be on the National Consumer Price Index, Unemployment Rate and Overall Household Spending. The National Consumer Price Index was falling during the year and in September reached 0%. The fall might continue in October. The Unemployment Rate during the year remained within a 3.3-3.6% range, which is quite low especially comparing to the European countries. In October, the index is likely to stay within the range. In addition, attention needs to be paid to the Overall Household Spending, which is the leading indicator for economic activity and affects inflationary expectations.


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