ETNET NEWS AGENCY, October 6 – China's foreign exchange reserves and Germany's industrial production data are expected to be the market focus on Wednesday (7th).
*European Central Bank Vice President delivers speech, Japan releases coincident and leading indicators*
Regarding important economic events around the world, on Wednesday at 3:30pm Hong Kong time, European Central Bank Vice President Vuj?i? will deliver a speech at the event "European Commission Report on Banking Competitiveness: Dialogue between EU Policymakers and the Private Sector".
On the data front, China will release its foreign exchange reserves for September on Wednesday (7th), forecast to decline from USD 3438.33 billion to USD 3425 billion. At 1:00pm (Hong Kong time, same below), Japan will release coincident indicators and leading indicators for August. At 2:00pm, Germany will release industrial production for August, with the year-on-year rate expected to improve from a decline of 1.6% to a rise of 0.7%, and the seasonally adjusted month-on-month rate expected to improve from a decline of 1.1% to a rise of 0.5%. At 4:30pm, Hong Kong will release foreign exchange reserves for September. (wa)
*European Central Bank Vice President delivers speech, Japan releases coincident and leading indicators*
Regarding important economic events around the world, on Wednesday at 3:30pm Hong Kong time, European Central Bank Vice President Vuj?i? will deliver a speech at the event "European Commission Report on Banking Competitiveness: Dialogue between EU Policymakers and the Private Sector".
On the data front, China will release its foreign exchange reserves for September on Wednesday (7th), forecast to decline from USD 3438.33 billion to USD 3425 billion. At 1:00pm (Hong Kong time, same below), Japan will release coincident indicators and leading indicators for August. At 2:00pm, Germany will release industrial production for August, with the year-on-year rate expected to improve from a decline of 1.6% to a rise of 0.7%, and the seasonally adjusted month-on-month rate expected to improve from a decline of 1.1% to a rise of 0.5%. At 4:30pm, Hong Kong will release foreign exchange reserves for September. (wa)
