Fundamental analytics


The main event of the coming week will be the ECB meeting

  1. People's Bank of China interest rate decision

  2. ECB meeting and Mario Draghi's press conference

  3. Turkish Central Bank Interest Rate Decision

There will be very little important news in the U.S. economic calendar this week, so the market will focus on the ECB meeting on Thursday, as well as the publication of preliminary data on PMI production and services sectors.

However, Monday and Tuesday are likely to be the main market driver for the news from the UK, where the House of Commons will have held an extraordinary meeting on Saturday to discuss the new Brexit agreement.

Monday, October 21

We expect the decision of People's Bank of China on interest rate

Tuesday, October 22

In Japan, the day off

Canada will publish a retail sales report

A report on sales in the secondary housing market will be released in the USA

Wednesday, October 23

U.S. Department of Energy weekly report on oil reserves

Thursday, October 24

Preliminary PMI data for the manufacturing and services sector in the EU

Turkish Central Bank interest rate decision

ECB interest rate decision and Mario Draghi's press conference

In the United States, orders for durable goods and sales of new housing will be announced

Friday, October 25

Indices from the IFO Institute for Germany