Thursday's Economic Calendar: Key Indicators and Events
Thursday, October 10, 2024, marks a significant day in the economic calendar with several key indicators and events scheduled to be released. These announcements will provide valuable insights into the health of various economies around the world.
1. Manufacturing Output in the Netherlands
The first major event is the release of the Netherlands' manufacturing output for August. This indicator measures the change in production levels within the manufacturing sector and is expected to provide insights into the country's industrial performance. The actual data is scheduled to be released at 4:30 AM GMT, with market expectations currently unavailable.
2. Foreign Trade Balance in Estonia
Next, Estonia will release its foreign trade balance for August. This indicator tracks the difference between the country's exports and imports, providing a snapshot of its trade activities. The actual data is set to be released at 5:00 AM GMT, with market expectations also unavailable.
3. Industry Output in Finland
Finland will also release its industry output for August, which measures the change in production levels across various industries. This indicator is crucial for understanding the overall economic performance of Finland. The actual data is scheduled to be released at 5:00 AM GMT, with market expectations currently unavailable.
4. Core Inflation in Norway
Norway will release its core inflation rate for September. Core inflation excludes volatile food and energy prices, providing a more stable measure of price changes within the economy. The actual data is set to be released at 6:00 AM GMT, with market expectations indicating a slight decrease from the previous month.
5. Consumer Price Index in Norway
Following the core inflation release, Norway will also announce its consumer price index (CPI) for September. The CPI measures the average change in prices of a basket of goods and services commonly purchased by households. Market expectations suggest a slight increase in CPI compared to the previous month.
6. US Economic Indicators
In the United States, several key economic indicators are scheduled to be released on Thursday. These include the core CPI, which measures the change in prices of goods and services excluding food and energy; the core CPI index, which provides a more detailed breakdown of core inflation; and the real weekly earnings, which tracks the change in earnings adjusted for inflation. Additionally, initial jobless claims and the four-week average of jobless claims will be released, providing insights into labor market conditions.
These announcements are crucial for understanding the overall health of the US economy and will likely have significant impacts on financial markets.
For traders and investors, staying informed about these economic indicators is essential for making informed decisions. The economic calendar serves as a valuable tool for tracking these events and understanding their potential impacts on various markets.
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