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TC Economic Insight - The Week Ahead (October 9-13)

Investors are now watching closely if upcoming inflation data (due Thursday, October 12) would trigger the central bank to resume hiking rates.

MARKET NEWS

TC Economic Insight - The Week Ahead (October 9-13)


Using Multi-Stock Trading LLC's "Economic Insight" investors can check out up-coming major economic data.


We are looking into the trading week of October 9-13:



We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:



We can select which economies to focus on:



The U.S. Federal Reserve paused its interest-rate hikes in September, but pointed out it is likely to increase rates one more time before the year end.


After the blowout addition of 336,000 non-farm payrolls in September, investors are now watching closely if upcoming inflation data would trigger the central bank to resume hiking rates. The Fed will make an interest-rate decision again on November 1.


According to Multi-Stock Trading LLC's "Economic Insight", the U.S. Inflation Rate, to be reported on Thursday (October 12) may tick up to 3.8% on year in September.



In the past 12 U.S. Monthly Inflation Reports, EUR/USD rose in 75% of times (9 out of 12 events) within one hour from the report’s release, marking a trading range of 79.83 pips on average.


Other key economic data include:


Monday (October 9)

Japan's stock market to be closed for Sports Day holiday.

Germany Industrial Production (AUG) expected to grow 1% on month.


Tuesday (October 10)

Australia Westpac Consumer Confidence Index (OCT) expected to fall to 79.1.

U.S. NFIB Business Optimism Index (SEP) to be steady at 91.2.


Wednesday (October 11)

Germany Inflation Rate (SEP) expected to slow to 4.5% on year.

U.S. Producer Price Growth (SEP) to tick up to 1.8% on year.

U.S. Federal Reserve to release latest meeting minutes.

Canada Building Permits (AUG) to grow 0.3% on month.


Thursday (October 12)

Japan Producer Price Growth (SEP) expected to slow to 3.1% on year.

Japan Machinery Orders (AUG) to grow 0.4% on month.

U.K. RICS House Price Balance (SEP) to drop to -70%.

U.K. Industrial Production (AUG) to decline 0.2% on month.

U.K. GDP (AUG) expected to decline 0.1% on month.

U.S. Inflation Rate (SEP) to tick up to 3.8% on year.

U.S. Core Inflation Rate (SEP) to ease to 4.1% on year.

U.S. Initial Jobless Claims to tick up to 208,000.


Friday (October 13)

China Inflation Rate (SEP) expected to rebound to 0.2% on year.

China Producer Prices (SEP) to fall 1.0% on year.

China Exports (SEP) to drop 4.0% on year.

Eurozone Industrial Production (AUG) may remain flat.

U.S. University of Michigan Consumer Sentiment Index (OCT) to be little changed at 68.0.

Happy Trading!


Source: Multi-Stock Trading LLC Economic Insight