In the coming week, investors will be looking ahead to Wednesday’s Federal Reserve meeting minutes for further indications on the future possible direction of U.S. monetary policy. Monetary policy decisions by the BoJ, Reserve Bank of Australia and the BoE will also be in focus.
Monday, October 6
Markets in China are to remain closed for a national holiday. In the euro zone, Germany is to release data on factory orders. Later in the day, Canada is to publish its Ivey PMI.
Tuesday, October 7
New Zealand is to release private sector data on business confidence. Markets in China are to be closed for a national holiday. The BoJ is to publish its monetary policy statement and hold a press conference to discuss the monetary policy decision. Separately, the RBA is to announce its benchmark interest rate and publish its rate statement. The Swiss National Bank is to publish data on its foreign currency reserves. This data is closely scrutinized for indications of the size of the bank’s operations in currency markets. Switzerland is also to release data on consumer prices and retail sales. The U.K. is to produce data on industrial and manufacturing production. Canada is to produce data on building permits.
Wednesday, October 8
Japan is to publish data on the current account. China is to report on its HSBC services PMI. Canada is to release data on housing starts. In the U.S., the Federal Reserve is to publish the minutes of its latest policy setting meeting.
Thursday, October 9
Japan is to release a report on core machinery orders. Australia is to release data on the change in the number of people unemployed and the unemployment rate. The BoE is to announce its benchmark interest rate. Canada is to report on new house price inflation. The U.S. is to publish its weekly government report on initial jobless claims. Later Thursday, ECB President Mario Draghi is to speak at an event in Washington; his comments will be closely watched.
Friday, October 10
The BoJ is to publish the minutes of its latest policy meeting, which contain valuable insights into economic conditions from the bank’s perspective. Japan is also to release data on tertiary industry activity. Australia is to release a report on home loans. In the euro area, France is to produce data on industrial production. The U.K. is to release a report on the trade balance. Canada is to publish a report on the change in the number of people unemployed and the unemployment rate. The U.S. is to round up the week with data on import prices.