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Wednesday 23 October 2013

Economic events of this week

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The resolution of the U.S. shutdown is expected to bring about a slew of market shifting economic reports that have been postponed due to it.

Monday: Chinese consumer and producer price indices will be published. 

Tuesday: Japan’s final Industrial Production data for August will be published, following a preliminary figure indicating an annual decrease of -0.2%, released last month. CPIs (consumer price indices) will be published in France and the U.K., to complete the European price puzzle.

Wednesday: Jobless claims change will be published in the U.K., as well as the Eurozone’s aggregated Consumer Price Index. MBA Mortgage Applications will be published in the U.S. 

Thursday: This is the current deadline for the U.S. debt ceiling, so this is the main event of the day. Additionally, Retail Sales data will be published in the U.K. Initial Jobless Claims are also due for the U.S., after those surged last week due to the Government shutdown.

Friday: Official Chinese GDP data for Q3 will be published, expected to present an impressive 7.8% annual increase. 


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