Out of macroeconomic statistics that are due to be published today, it is worth paying attention to releases from the UK and the EU. Data on the GDP – the most important indicator of the national economy, is going to come out at 11:30 am (all times stated in GMT+2) in the UK. Third quarter figures are expected to remain unchanged against both the previous year at 2.3%, and the previous quarter at 0.5%. The EU Financial Stability Review that analyses possible risks for the financial stability in the eurozone is due at 1 pm. On Sunday night, statistical data will be published in New Zealand and Japan. October data on Building Permits is due at 11:45 pm in New Zealand. The index was falling for the last two months declined particularly heavily in August (from 20.4% to -4.9%) and reached -5.7% in September. Most likely, negative dynamics will remain in October as well that would pressure the NZD. Bloc of macroeconomic data from Japan is due at 1:50 am. The most important publications will be on the Industrial Production and Retail Sales. It is worth noting that Industrial Production figures against the previous year have been falling for the last two months, while Retail Sales have been falling since July.
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