Let's see which news releases could move the currency markets on Tuesday, the 7th of February. This is the Economic Calendar.
Starting things off at quarter to 7 AM is the Swiss Consumer Confidence for January. The previous report came out in November, and it put the Index at its highest level in more than a year.
German Industrial Production for December is out at 7. Output has been growing for the past 2 months, recovering from a strong 1.6% drop in September.
Coming up next at 1:30 PM GMT is the US Trade Balance for December. Trade deficit widened in November as imports went up and exports decreased.
The Canadian counterpart of this release is out at the same time. The November data surprised very much on the upside as the trade balance turned positive for the first time in more than 2 years.
And Canadian Building Permits for December come at this time as well. The number of permits eased in November, following a strong 10.5% gain the previous month.
US JOLTS Job Openings for December follow at 3. The November report came in somewhat weaker than anticipated as the number of openings saw little change.
Canadian Ivey PMI for January will be available at the same time. The Index rose to 11-month high in December.
US Consumer Credit for December is out at 8. November data surprised on the upside as lending grew at the fastest pace in 3 months.
And Japanese Bank Lending for January concludes the schedule at 11:50. December data showed the strongest annual growth since late 2015. I'm Celeste Skinner and this was the Economic Calendar for Tuesday. Check back in for the next overview of news releases for Wednesday.
Video made by Dukascopy specialists
