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Australia Data On Tap For Monday

Nov 04 2012
By
Forexbrokerz.com

Australia is scheduled to release a raft of data on Monday, highlighting a light day for Asia-Pacific economic activity. On tap are September figures for trade balance and retail sales, as well as October data for job advertisements and inflation estimates - plus the AiG Performance of Service Index.

The trade balance is expected to show a deficit of A$1.550 billion following the A$2.027 billion shortfall in August. Retail sales are predicted to add a seasonally adjusted 0.4 percent on month after rising 0.2 percent in August. Job ads were down 2.8 percent on month in September, while the inflation forecast for the previous month called for an increase of 0.2 percent on month and 2.4 percent on year. The service index saw a score of 41.9 in the previous month.

China will see the October results of the HSBC services PMI; in September, it saw a score of 54.3.

The material has been provided by Instaforex Company - instaforex.com
TAGS: Australia  Data  On  Tap  For  Monday   

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