There was not much data on Thursday, but some events are worth your attention:

Asia and Pacific

Japan has shown positive balance of current operations according to the local Ministry of Finance. This figure has increased at 19,3% for the reported period.

Core Machinery orders decreased in Japan. This is due to natural disasters according to the experts.

Chinese export and import increased in October. The positive balance reached more than 34 bln USD.

Experts see the further decline in Australian housing market. Local authorities see the possibility for the prices to decline at 15-20%.

Europe

Swiss unemployment rate was at the same level as for the previous period. Experts expected that the figure will remain the same.

Germany has issued Trading balance data. There was no surprises there.

The Head of ECB Mario Draghi said on Thursday that he expects the qualitive easing programme to be ended in December. He also underlined that current level of rates may remain unchanged until Summer 2019. Mario Draghi has positive estimate on Eurozone economy.

Italian government insists on the fact that Euro commission was wrong about Italian economic projects. They indicate on reforms that Rome is conducting currently.

America

The most important event of Thursday was the FOMC meeting. Interest Rates remained unchanged. FOMC members underlined that the employment rate remains high and the inflation is about 2%, which meets FOMC expectations.