Thursday, 19 October 2017

Weekly Outlook: Oct 23 - Oct 27

Posted by Valentine at 11:23 Labels:

Monday

Europe: UK’s CBI Industrial Trends Orders for October are set for release at 10:00 GMT.

Tuesday

Europe: German manufacturing and services PMI for October are both to be presented at 07:30 GMT. As for the Eurozone, manufacturing, composite and services PMI indexes from Markit Economics will become available at 08:00 GMT.

United States: manufacturing and services PMI indexes for October are due at 13:45 GMT. The Institute for Supply Management is expected to release its own PMI indexes later on.

Wednesday

Europe: Germany’s business expectations, current assessment and lfo business climate index for October will be out as of 08:00 GMT. Analysts await improvements in these figures. In the United Kingdom, focus will be directed to a revision of the third-quarter GDP at 08:30 GMT.

United States: durable goods orders for September are up at 12:30 GMT, with a 0.9 percent build seen. New home sales for September are next at 14:00 GMT, with an forecasted decline of 0.9 percent to 550,000 units. Crude inventory data from the US EIA is due at 14:30 GMT.

Thursday

Europe: Germany’s GfK consumer climate for November is due at 06:00 GMT, with a 11.0 reading eyed from a prior month 10.8.

United States: goods trade balance for September is coming at 12:30 GMT. Last month, it marked a $63.30 billion deficit. Pending home sales for September are set at 14:00 GMT.

Asia: Japan’s national core consumer price index (CPI) is expected to show a 0.7 percent year over year increase as of 23:30 GMT. According to experts, Tokyo’s core CPI will display a 0.5 percent build in yearly terms.

Friday

United States: a fresh look at the third quarter gross domestic product will be available at 12:30 GMT, with market experts pointing at a downgrade from 3.1 percent to 2.6 percent. Michigan University will present its consumer expectations and sentiment indexes at 14:00 GMT.

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