In the week ahead, China and the U.K. and to release preliminary data on third quarter economic growth, while the euro zone is to release preliminary data on private sector activity. The U.S. is to release data on consumer inflation, as well as data on both existing and new home sales.
Monday, October 20
Germany’s Bundesbank is to publish its monthly report. Canada is to release data on wholesale sales.
Tuesday, October 21
The Reserve Bank of Australia is to publish the minutes of its latest policy meeting, which contain valuable insights into economic conditions from the bank’s perspective. China is to release what will be closely watched data on third quarter gross domestic product and separate reports on industrial production and fixed asset investment. Switzerland is to report on the trade balance, the difference in value between imports and exports. The U.K. is to produce data on public sector borrowing. The U.S. is to release private sector data on existing home sales.
Wednesday, October 22
Japan is to release a report on the trade balance. Australia is to publish data on consumer price inflation, which comprises the majority of overall inflation. The BoE is to release the minutes of its latest policy meeting. Canada is to release data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The U.S. is to produce data on consumer prices. Later in the day, the Bank of Canada is to announce its overnight rate and publish its rate statement. The announcement is to be followed by a regularly scheduled press conference.
Thursday, October 23
RBA Governor Glenn Stevens is to speak at an event in Sydney; his comments will be closely watched. New Zealand is to release data on consumer prices. Australia is to publish private sector data on business confidence. China is to release the preliminary reading of its HSBC manufacturing index. The euro zone is to publish preliminary data on private sector activity, while Germany and France are to also to publish data on private sector growth. The U.K. is to report on retail sales and also release private sector data on mortgage approvals and industrial order expectations. The U.S. is to publish its weekly report on initial jobless claims.
Friday, October 24
New Zealand is to release data on the trade balance. The Gfk think tank is to release its report on German business climate. The U.K. is to release preliminary data on third quarter GDP growth. The U.S. is to round up the week with a report on new home sales.