In the week ahead, investors will continued to closely monitor political developments in Washington. On Monday, markets in the U.S. and Canada are to remain closed for the Thanksgiving holiday.
Monday, October 14
Markets in Japan are to be closed for a national holiday. Australia is to release data on home loans, an important indicator of demand in the housing sector. China is to publish data on consumer inflation, which accounts for the majority of overall inflation. Switzerland is to release data on producer price inflation, a leading indicator of consumer inflation. The euro zone is to release data on industrial production. Markets in the U.S. and Canada are to remain closed for the Thanksgiving holiday.
Tuesday, October 15
The Reserve Bank of Australia is to publish its monetary policy meeting minutes, which contain valuable insights into economic conditions from the bank’s perspective. The U.K. is to produce official data on consumer price inflation and producer price inflation. The ZEW Institute is to release its closely watched report on German economic sentiment, a leading indicator of economic health, as well as data on economic sentiment in the wider euro zone. The euro zone is to release official data on industrial production. The U.S. is to release a report on manufacturing activity in the Empire state.
Wednesday, October 16
New Zealand is to release data on consumer price inflation. The U.K. is to release official data on the change in the number of people unemployed and the unemployment rate, as well as data on average earnings. The ZEW Institute is to publish a report on economic expectations in Switzerland, a leading indicator of economic health. The euro zone is to release data on consumer price inflation. Canada is to produce data on manufacturing sales, a leading economic indicator.
Thursday, October 17
Australia is to publish a private sector report on business confidence, an important economic indicator. The U.K. is to produce data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The U.S. is release data on building permits, a leading indicator of future construction sector activity, as well as data on housing starts. The Labor Department is to publish the weekly report on initial jobless claims. The U.S. is also to release data on industrial production and manufacturing activity from the Philly Fed.
Friday, October 18
China is to release data on third quarter gross domestic product, the broadest indicator of economic activity and the leading measure of the economy’s health, in addition to data on industrial production. Canada is to publish data on consumer price inflation.