Short Term Trading Week Starting: 22 Oct, page-5

https://www.investing.com/analysis/week-ahead-200349551

Week Ahead

All times listed are EDT

Monday

8:30: US – Chicago Fed National Activity Index (September): expected to fall to 0.15 from 0.18.

Tuesday

2:00: Germany – PPI (September): forecast to remain flat at 0.3% MoM and to fall to 2.9 percent from 3.1 percent YoY.

10:00: Eurozone – Consumer Confidence (October, flash): expected to fall further, to -3.0 from -2.9.

20:30: Japan – Manufacturing PMI (October, flash): index to rise to 52.6 from 52.5.

Wednesday

3:15 – 4:00 – French, German, eurozone Manufacturing and Services PMI (October, flash): eurozone Manufacturing reading to fall to 53.1 from 53.2 and Services to drop to 54.5 from 54.7.

9:45: US – Services and Manufacturing PMI (October, flash): Manufacturing to edge down to 55.5 from 55.6, while Services to rise to 54.1 from 53.5.

10:00: Canada – Bank of Canada Rate Decision: rates expected to increase to 1.75% from 1.5%.

10:00: US – New Home Sales (September): expected to grow by 630K from 629K MoM.

10:30: US – EIA EIA Crude Inventories (w/e 19 October): stockpiles to rise by 1.9 million barrels from 6.49 million a week earlier.

Thursday

2:00: Germany – GfK Consumer Confidence (November): forecast to fall to 10.5 from 10.6.

4:00: Germany – IFO Business Climate (October): business climate index to fall to 103.2 from 103.7.

7:45: ECB – Rate Decision (press conference @ 1.30pm): no change in policy expected.

8:30: US – Durable Goods Orders (September): forecast to drop to -1.1% from 4.4% MoM overall and rise 0.3% fro 0.1% MoM excluding transportation orders.

10:00: US – Pending Home Sales (September): sales to fall 0.2% from -1.8% MoM.

Friday

8:30: US – GDP (Q3, preliminary): growth to be 3.3% QoQ from 4.2% previous.