US jobless claims are coming out
The USA will publish unemployment claims on October 22 at 15:30 MT time. How to trade after the release?
China industrial revenues leap 19.1% year on year
In June, earnings for China's industrial companies ascended 19.1% percent from a year earlier, soaring from May in a sign that economic momentum is still solid even as soaring borrowing costs have driven worries regarding pressure on margins.
In June, revenues grew to 727.78 billion Yuan, as the National Bureau of Statistics informed on Thursday on its website.
For the first half of 2017, the industrial companies notched up gains of 3.63 trillion Yuan, which is a 22% leap from the same period of the previous year and a bit slower from the 22.7% annual surge in the January-May period.
June’s robust surge of industrial earnings was partly driven by ongoing appetite for iron ore as well as other commodities, whose prices have revived modestly having taken a hit since March.
As statistics bureau official He Ping informed in a statement accompanying the report that accelerated revenue surge in steel, car and electronics sectors helped to spur overall earnings.
Similar
CAD is in focus
Canada’s retail sales will be out on October 21 at 15:30 MT time. Get ready with us for this event!
Start the week with fresh analytics!
The market is resilient ahead of the speeches of Fed’s Powell and ECB President Lagarde, but there are still interesting movements.
Latest news
Final debate and stimulus talks are in focus
Three main drivers of the market: the stimulus package, the US presidential election and the coronavirus. Let's look how market reacts.
GOOGLE: in the crosshairs
The US Department of Justice thinks 87% a market share is too much for Google alone. The market thinks it's ok.
All attention to Euro
EU Flash Manufacturing & Services PMI will come out on Friday at 11:00 MT time!
Deposit with your local payment systems
