Eurozone Q3 GDP figures and German inflation the main highlights

Good day, everyone! Hope you're all doing well as we get into the session ahead. There's quite a bit of items on the data docket today so let's dive straight into things:

0630 GMT - France Q3 advance GDP readings

Q2 figures can be found here. One of the earlier indicators ahead of the Eurozone reading later. All focus will be on whether or not growth remains sluggish in the new quarter and flash readings are always the most responsive in terms of market reaction. Expectation is for a +0.5% q/q reading.

0745 GMT - France September consumer spending data

Prior release can be found here. A lagging and minor data point as the release here will feed into the Q3 GDP figures earlier.

0800 GMT - Spain October preliminary CPI figures

Prior release can be found here. Not a major release on its own but feeds into the overall Eurozone inflation outlook.

0800 GMT - Switzerland October KOF leading indicator index

Prior report can be found here. The data here measures the future trends of overall economic activity in the Swiss economy. Low-tier data.

0855 GMT - Germany October unemployment change, rate

Prior report can be found here. All the focus in Germany is on Merkel now but labour market data has been one of the better readings as of late so the release here shouldn't add to concerns but at the same time, it's not a major data release as well.

0900 GMT - Italy Q3 preliminary GDP readings

Q2 figures can be found here. This will be coupled with the French reading earlier and build sentiment towards the Eurozone release in the next hour. Expectation is for a +0.2% q/q reading.

1000 GMT - Eurozone Q3 advance GDP figures

Q2 figures can be found here. This will validate/invalidate concerns about flagging Eurozone economic growth and whether or not there are deeper worries to be concerned about. Expectation is for a +0.4% q/q reading.

1000 GMT - Eurozone October consumer, economic, business confidence data

Prior release can be found here. Minor data points and they will be weighed together with the GDP figures released at the same time. Contributes to overall economic sentiment surrounding the Eurozone economy.

1100 GMT - UK CBI October retailing reported sales

Prior release can be found here. The readings here are an indicator of short-term trends in the retail and wholesale sector of the UK economy. Low-tier data.

1300 GMT - Germany October preliminary CPI figures

Prior release can be found here. The state readings will come in between throughout the day and I'll put up a schedule on that in a separate post. But the release here will build into the overall inflation outlook of the Eurozone so it could have some impact on the euro depending on misses/beats recorded.

That's about it for the session. I wish you all the best of days to come and as always, good luck with your trading!