17th to 21st October
Monday
To start off the week, Japan will be releasing reports on Industrial production for the month of August. Changes in industrial production are considered as a major indicator of strength in the manufacturing sector. By Mid-day European Union will release data on Consumer Core price Index & Consumer Price index for September. Later in the evening USA will release Industrial Production and Capacity Utilization.
- Industrial production for September from Japan
- Consumer Price & Core Consumer Price Index Sept
- Industrial Production & Capacity Utilization from USA
Tuesday
The day will be full of major data coming in from New Zealand, Australia, Britain and USA. It will start with the speech by Reserve Bank of Australia’s Deputy Governor Lowe . Top end data coming from New Zealand on consumer price index will provide a clear indication to measure inflation and changes in purchasing trends in New Zealand.
By Midday Investors will be eyeing on Consumer Price Index data released by Britain for September. This will give an indication whether GBP will further decline or regain its losses after the statements made by PM Theresa May on Article 50 and the Parliament vote on Brexit. To conclude the day, USA will release its data on Consumer price index for several fields such as Ex Food & Energy & Core.
- Consumer Price index for September from New Zealand
- RBA Meeting Minutes & Governor Lowe Speech from Australia
- Consumer Price Index for September from Britain
- Consumer Price Index Core from USA
Wednesday
The day will start with report from China on Gross Domestic Product which is a key indicator that represents the pace at which the Chinese economy growth rate. As the Chinese economy has influence on the global economy.
Later in the evening USA will release reports on Housing starts which is an indicator on movements of the US housing market. The day will conclude with the Interest Rate decision from Bank of Canada.
- Gross Domestic Product from China
- Housing Starts and Building Permits from USA
- Interest Rate Decision from Bank of Canada
Thursday
The focus of the day will be on European Central Bank (ECB) that will focus on Interest rate decision and deposit rate decision. If the ECB has a dovish view on the European economy and retains the Interest rate or any changes will be done. Later on the day ECB president Mario Draghi will give a press conference on monetary policy, His comments may influence the volatility of EUR.
- Fulltime Employment, Employment Change, Unemployment Rate from Australia
- Producer Price Index, Interest Rate Decision, ECB Deposit Rate Decision& Monetary Policy Statement from Europe
Friday
To finish off the highly anticipated week, there is no top tier major data worth mentioning. However Britain’s Public Sector Net Borrowing report will be released by the National Statistics which captures the amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts).
- Public Sector Net Borrowing for September from Britain
