The Rabobank Research Team offers a brief preview of the key events to watch out for in the day ahead.
“Today we have already seen Japanese core machine orders plummet -2.9% m/m vs. an expected 0.9% gain. A choppy series, but speaking to the ‘fumes’ argument above.
In the UK we will see Q3 GDP, which is expected up 0.4% q/q, 1.1% y/y but at least keeping the UK out of technical recession. We also get British industrial production and trade data.”