Weekly Events

Monday: July Machine Orders data will be released in Japan, as will August’s Producer Price Index.

Tuesday: August Industrial Production data will be released in China – analysts are seeing some steepening in annual expansion, to 6.2%. In Germany, the final estimate of August’s Consumer Price Index will be released, currently at a 0.4% annual inflation. August’s CPI will also be released in the U.K., where inflation is expected to ascend to 0.7%. Germany will also host the release of September’s ZEW Survey, with analysts somewhat mixed on their forecast of where things will go for the German economy.

Wednesday: August’s Claimant Count Rate and Jobless Claims will see light in the U.K. Analysts expect Unemployment to remain at 4.9% in July. In the U.S., the weekly MBA Mortgage Applications will see light.

Thursday: The final estimate for the Eurozone’s August inflation will be released. In the U.K., the BoE is scheduled to a rate announcement – Most analysts expect it to leave it unchanged at 0.25%. In the U.S., August’s Advance Retail Sales will be released, as well as the weekly Initial Jobless Claims data. September’s Empire Manufacturing Survey will also be released in the U.S., as well as August’s Industrial Production data.

Friday: August’s Consumer Price Index will be released in the U.S. – analysts expect annual inflation to rise to 1% from its current 0.8%. The preliminary estimate of the University of Michigan’s Consumer Sentiment will also see light, where analysts are expecting an improvement to 90.6 points, from a current 89.8.

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