Week Ahead: Global Economic Updates & Key Events

Get ready for an action-packed week in the world of economics and finance! We're breaking down the key events and economic releases you need to know about. From US-China trade talks to central bank announcements and CPI data, this week is packed with potential market-moving news. We'll dive into the latest Chinese industrial profits, the FOMC's rate decision, the BoC's policy announcement, and much more. Stay tuned for insights and analysis on these critical developments and how they could impact global markets.
Monday:
Chinese Industrial Profits (Sep): No expectations, but a potential rebound could signal Beijing's efforts to stabilize the economy.
German Ifo (Oct), EZ M3 (Sep), US Durable Goods (Sep), Dallas Fed (Oct): A range of economic indicators to watch.
Tuesday:
German GfK (Nov), US Consumer Confidence (Oct), Richmond Fed (Oct): Gauging consumer sentiment and economic outlook.
Wednesday:
FOMC & BoC Policy Announcements: Anticipating a 25bps rate cut from the FOMC, and a potential rate cut from the BoC.
Australian CPI (Sep & Q3): Westpac forecasts a Q3 headline CPI of 1.1% Q/Q.
Swedish Prelim. GDP (Q3), UK Mortgage Approval/Lending (Sep), US Pending Homes (Sep): A mix of economic data releases.
Thursday:
BoJ & ECB Policy Announcements: Expecting the BoJ to hold rates, while the ECB is likely to maintain policy conditions.
Swiss KOF (Oct), German Unemployment (Sep), Flash GDP (Q3), Prelim. CPI (Oct), EZ Final Consumer Confidence (Oct), US GDP & PCE (Q3), Weekly Claims: A busy day for economic indicators.
Japanese Tokyo CPI (Oct), Unemployment Rate (Sep): Gauging inflation and employment trends in Japan.
Trump-Xi Meeting: A high-stakes meeting to potentially de-escalate US-China tensions and resume trade negotiations.
Friday:
CBRT Minutes (Sep): Insights into Turkey's central bank's latest decisions.
Chinese NBS/Composite PMIs (Oct), German Import Prices (Sep), Retail Sales (Sep), EZ Flash HICP (Oct), US PCE (Sep), Employment Costs (Q3), Dallas Fed (Sep), Chicago PMI (Oct): A packed day of economic releases.
Stay informed and join us for a deep dive into these critical events and their potential impact on global markets!