| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 00:00 | U.S. | FOMC Member Bowman Speaks | | | | |
| 00:30 | Australia | Unemployment rate | September | 4.5% | 4.8% | 4.6% |
| 00:30 | Australia | Changing the number of employed | September | -146.3 | -137.5 | -138 |
| 01:30 | China | PPI y/y | September | 9.5% | 10.5% | 10.7% |
| 01:30 | China | CPI y/y | September | 0.8% | 0.9% | 0.7% |
| 04:30 | Japan | Industrial Production (YoY) | August | 11.6% | | 8.8% |
| 04:30 | Japan | Industrial Production (MoM) | August | -1.5% | | -3.6% |
| 06:30 | Switzerland | Producer & Import Prices, y/y | September | 4.4% | | 4.5% |
During today's Asian trading, the US dollar fell slightly against major currencies, continuing yesterday's fall. The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), decreased by 0.10%.
Traders are assessing the US inflation data published yesterday, which reinforced fears that price pressure in the US may persist for a longer time than expected.
Consumer prices in September increased by 5.4% per annum. Thus, inflation accelerated from 5.3% in August and was the highest in 13 years. Analysts expected it to remain at 5.3%.
Meanwhile, the minutes of the September meeting of the Federal Reserve System, released on Wednesday, showed that the leaders of the Fed are ready to begin curtailing the quantitative easing (QE) program in the coming months and complete it by mid-2022.
Experts note that while many central banks remain confident that inflation will ease as soon as supply chain problems are resolved, markets are increasingly doubtful about this.
Another indicator of inflation in the US - the producer price index - will be released at 12:30 GMT. Experts on average expect that producer prices rose by 0.6% in September compared to the previous month after an increase of 0.7% in August. Annual price growth is expected to accelerate to 8.7% from 8.3%.