financial weekly events

Monday: September Industrial Production data is due to be released in China, with analysts seeing annual gain for the print relatively stable at a 6% increase. Third Quarter’s Gross Domestic data will also be released in China, in hope of preserving Q2’s achievement of a 7% Quarter over Quarter gain. September Retail Sales and Unemployment data will be released in Russia. In the U.S., IBM will report Q3’s earnings.

Tuesday: September Housing Starts data will be released in the U.S. – analysts expect an ambitious increase to 1,145K, from 1,126K in August.  

Wednesday: The All Industry Activity Index is due to see light in Japan. In the U.S., the weekly MBA Mortgage Applications will see light. A rate Decision is due to be released by the Bank of Canada, which currently sets its policy tool at 0.5%.

Thursday: Manufacturing Confidence data will be released in France. The European Central Bank is scheduled to make a rate announcement during the day. In the U.S., the weekly Initial Jobless Claims will see light, where analysts are expecting a rather low, in historical perspective, print of 265K. October Consumer Confidence data will see light for the Eurozone. U.S. data will be complemented by September’s Existing Home Sales, which is recently exhibiting noteworthy strength, and the U.S. Leading Index. The third quarter’s earnings release is also expected by Amazon (AMZN) and Alphabet (Google). (GOOG)

Friday: Preliminary Manufacturing Purchasing Managers’ Indices will see light globally. Among these, analysts expect the Nikkei PMI to deteriorate to 50.5 points, from 51 in September. Modest deteriorations are also eyed for France, Germany, the Eurozone Aggregate and the U.S. Manufacturing Indices. In Canada, September’s Consumer Price Index will see light, with analysts expecting annual inflation to moderate to 1.1%.

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