ZEW Institute indicators for Germany
US consumer price index for September
US Retail Sales Report for September
The situation on financial floors remains very tense. The rapid spread of the pandemic in Europe and the U.S., the slowing global economic recovery, the approaching U.S. presidential election, difficulties in developing a COVID-19 vaccine and many other factors significantly reduce investors' appetite for risk.
In recent weeks, investors have begun to monitor macroeconomic statistics more closely, especially ahead of schedule indicators, to assess the impact of the new Coronavirus Pandemic on economic activity. A new forced lockdown could have a crushing effect on the entire global economy.
The market is expecting a fairly busy news calendar in the coming week. On Monday, a large block of macroeconomic statistics from China will be published. During the week, important macroeconomic data from the UK is expected to be published. On Friday, all market attention will be focused on the interim PMI data of the manufacturing and services sector in the EU and the United States for October.
Monday, October 19
Minutes of the last RBA meeting
Big block of macroeconomic statistics from China: GDP for Q3, report on industrial production, investment in fixed capital and labor market
Tuesday, October 20
The People's Bank of China will announce a decision on the prime rate
U.S. to provide data on construction permits issued for September
Wednesday, October 21
UK to publish data on consumer price indexes for September
Consumer price index data to be released in Canada
EIA will publish weekly report on energy reserves
Thursday, October 22
UK to report on retail sales
The United States publishes data on secondary housing market sales and a weekly report on the labor market
Friday, 23 October
New Zealand to publish data on consumer price index for 3rd quarter
UK to publish retail sales report
Preliminary data on manufacturing and services PMI for October is expected to be published in the EU