mask Week Ahead | Brexit, U.S and China in the Spotlight

14/ 10/ 2018

Week Ahead | Brexit, U.S and China in the Spotlight

15th October 2018 - 19th October 2018

Monday

  • USD Retail Sales Ex Auto
  • USD Retail Sales is often described as an indicator of Consumer Confidence in all sectors of purchases except for Auto Sales.

 

Tuesday

  • GBP Average Earnings Including Bonus & ILO Unemployment Rate
  • EUR Economic Sentiment & Current Situation

By Tuesday the focus of the day will be reverting back to UK & European Zone. In UK Data out front they will release Average Earnings Including Bonus & Unemployment rate both are which important indicators of the Current Job Sector Growth & Unemployment rate post Brexit.

Finally to conclude the Day Euro Zone will release their Economic Sentiment & Current Situation which are indicators of the Current Business conditions in Euro Zone.

 

Wednesday

  • EU Brexit Summit & Consumer Price Index
  • GBP Consumer Price Index
  • USD FOMC Minutes

Highlight of the week will be looming around the political & Geo-Political tensions among US-Sino Trade War but regardless UK & Euro Zone Brexit Summit will kick off on Wednesday for the next two days.

This will give us a clear indication on the progress of Brexit Negotiations between United Kingdom & European Union & their final blue print for their Trade Arrangements.

GBP & Euro both will release their Consumer Price Index which will be a key indicator on the outlook of Brexit on both economies and its inflationary levels.

Finally the day concludes with US FOMC Minutes released from US Fed by the End of the day this will have the impact only by Thursday Morning session globally.

 

Thursday

  • EU Brexit Summit
  • USD Initial Jobless Claims

Second day of EU Brexit Summit will conclude on Thursday & it will give cues for investors globally on the discussions.

US will release their Initial Jobless Claims report which will be indicator on the current Job Sector Growth & adding up to the previous weeks Non-Farm payrolls on how the Economy is reacting to the Interest Rate decision to be made in December.

 

Friday

  • CNY Gross Domestic Product
  • CAD Retail Sales & Bank of Canada Consumer Price Index
  • US FOMC Member Kaplan Speech

China’s reports will be a major highlight for the investors globally due to the heated tensions building up between Trump & China on Trade arrangements & terms. China will release their Gross Domestic Product which will be a major highlight for the ongoing Tariffs on their Export & Imports globally. Canada will release their Retail Sales & Consumer Price Index which will be indicating on the current Business confidence on the currency & their Inflationary levels.

Finally to conclude the week US FOMC Member Kaplan will give out a speech on the current trajectory of US Federal Reserve and its outlook for the Last quarter of 2018