- Canadian manufacturing sales reading expected to show a decline
- US housing market data to be released in the early afternoon
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Boris Johnson and Jeremy Corbyn will face each other in a debate today
1:30 pm GMT - Canada, manufacturing sales for September. The Canadian manufacturing sales data improved in the second half of 2019. Reading for August showed a 0.8% MoM increase. However, it is expected that sales declined 0.5% in September.
1:30 pm GMT - US, housing market data for October. US housing starts and building permits disappointed in September. Permits are expected to rebound in October with an increase of 5% MoM. On the other hand, housing starts are forecasted to be unchanged (0% MoM).
8:00 pm GMT - Johnson-Corbyn elections debate. Leaders of the Conservative and Labour parties will face each other today. This will be the first election debate held ahead of the ballot scheduled for 12 December. It is likely that some more clarity will be provided on how each politician sees Brexit and post-Brexit country. Conservatives are leading in polls with 45% support while Labour has only 28%.
Central bankers’ speeches
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1:15 pm GMT - Norges Bank Deputy Governor Matsen
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2:00 pm GMT - Fed’s Williams
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6:00 pm GMT - BoC’s Wilkins
Companies reporting earnings today
- Home Depot (HD.US)
- Kohl's (KSS.US)
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Morning Wrap: Nasdaq rebounds ahead of Mag7 earnings, bonds regain favour, oil falls from peak (19.10.2026)
Strong US macro data 🗽 Industrial production and prices rise