financial weekly events

 

Monday: Final estimates for Manufacturing Purchasing Managers’ Indices will be released globally. In addition to the Markit and ISM Manufacturing PMIs, the U.S. will also see the release of September’s Construction Spending data.

Tuesday: October’s Unemployment data will be released in Spain. In the U.S., September’s Factory Orders data will see light.

Wednesday: Final and composite prints for the service sector’s Purchasing Managers’ Index will be released globally. In the U.S., Fed Governor Yellen is scheduled to speak before Congress. The weekly MBA Mortgage Applications will see light, in addition to the ADP Employment Report – Analysts estimate the ADP to moderate to 180K, from 200K recorded last month. September’s Trade Balance data will also see light in the U.S., where analysts expect a stark contraction in deficit to USD 41 B. Facebook will publish the third quarter’s Earnings Report after the daily trading session.

Thursday: September Factory Orders data will be released in Germany. The Bank of England is due to make a rate announcement, currently still at its relatively elevated 0.5%. In the U.S., the weekly Initial Jobless Claims will see light. Additionally, Walt Disney will publish an earnings release.

Friday: September Industrial Production data will be released in Germany – Analysts expect a moderation in the annual growth rate of production from 2.3% to 1.3%. September’s Industrial Production will also be released in the U.K. In the U.S., it’s time for the monthly Non-farm Payrolls, which should gather more interest than the already high level is usually it usually does, due to the recent Fed hawkishness. Analysts expect U.S. Unemployment, which will see light in tandem with the Nonfarm, to remain at 5.1%.

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