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Monday 21 October 2013

Other economic events of this week


With the U.S. Shutdown finally over, some postponed economic figures will finally be published. The release of some was already rescheduled; others are still to be determined.

Monday: September’s Trade Balance data will be published in Japan, alongside the All Industry Activity Index for August. Existing Home Sales in the U.S. are also due. 

Tuesday: The unemployment rate will be published in the U.S., alongside Change in Non-farm Payrolls.

Wednesday: The French Manufacturing Industry’s Confidence Index is due, as well as MBA Mortgage Applications for the U.S. The Eurozone’s Consumer Confidence Index will be published, with economists predicting more of the moderate improvement which the index has enjoyed since the beginning of the year. 

Thursday: A two-day summit on the State of the Economy will be held in Brussels by European Union Leaders. Purchasing Managers’ Indices will be published across the Eurozone, as well as the quarterly Spanish Unemployment report, which presented an alarming 26.3% figure during the previous quarter. U.S. Initial Jobless Claims will also be published after surging recently due to the Shutdown.

Friday: Consumer Price Indices will be published in Japan. A Slew of data from the old continent is also due, including German IFO Surveys. Italian Retail sales data, Eurozone Aggregate Money supply and advanced indications for the U.K.’s third quarter’s Gross Domestic Product. The U.S. will see publications of Durable Goods New Orders and the University of Michigan’s Consumer Confidence Index. 


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