Main Points for Today: The only important indicators coming out - TopicsExpress

Main Points for Today: The only important indicators coming out during the European session are the UK construction PMI for November and Eurozone’s PPI for October. UK’s construction PMI is expected to decline to 59.0 from 59.4 in October, while Eurozone’s PPI is estimated to fall by 0.2%, a turnaround from +0.1% in September. Furthermore, Bank of England publishes the record of its financial policy committee meeting held on Nov. 20. Overnight, Australia publishes data on its GDP for Q3. The release is expected to show a rise of 0.7% qoq, an acceleration from +0.6% in Q2. This will bring the yoy rate down to 2.5% from 2.6%. We have only one speaker today. ECB’s Ewald Nowotny speaks at an event in Brussels. Join us for more IronFX Forex news! solidtradingempire

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