Friday, 6 October 2017

Weekly Outlook: Oct 9 - Oct 13

Posted by Valentine at 11:30 Labels:

Monday

Asia: Chinese markets reopen on Monday after a week-long holiday. The Caixin services PMI for September is due for release as of 01:45 GMT.

Europe: German industrial production for August is set for publishing at 06:00 GMT, with a 0.6 percent build seen. The UK BRC retail sales monitor for September is also on scheduled.

Tuesday

Europe: Germany’s trade balance for August will be available at 06:00 GMT, with a 20.3 billion euro surplus eyed. In the United Kingdom, traders will be turning to August’s industrial production, manufacturing production and trade balance as of 08:30 GMT.

Wednesday

United States: JOLTs job openings for August will hit markets by 14:00 GMT. The Energy Information Administration publishes its weekly inventory data at 14:30 GMT.

Thursday

Europe: Eurozone’s industrial production for August is due for release at 10:00 GMT. Analysts are estimating a 0.3 percent growth rate.

United States: inflation will again take the leading role in the world’s first economy. The production price index for September is up at 12:30 GMT. The Federal Reserve will present its federal budget balance at 18:00 GMT, with a forecast deficit of $119.5 billion.

Friday

Asia: China will publish its latest trade balance figures at 05:00 GMT, with a $39.50 billion seen. Exports are expected to rise by 8.8 percent and imports by 13.5 percent.

Europe: Germany’s consumer price index for September is due at 06:00 GMT.

United States: consumer price index for September, along with retail sales are up at 12:30 GMT. Economists are predicting a 0.4 percent increase in prices and 0.4 percent build in sales. Business inventories for August are due at 14:00 GMT. By the same time, Michigan University will release its consumer expectations and consumer sentiment indexes for October.

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