• US Weekly Jobless Claims
• Ifo Business Climate index
• Key central bankers speeches
• Ifo Business Climate index
• Key central bankers speeches
It’s a relatively busy day ahead on the economic calendar. German Ifo Business Climate index and SNB Interest Rate Decision will be the key releases of the European session. No changes in the benchmark interest rates are expected but the central bank is expected to provide updated economic projections. Meanwhile New Home Sales figures and Weekly Jobless Claims data will be on watch during US trading hours. Fed chairman Powell will start the third day of testimony, but investors expect today's speech to be almost identical to the recent ones.
8:30 am BST – SNB Interest Rate Decision. Expected: -0.75% Previous: -0.75%
9:00 am BST - ECB Economic Bulletin
9:00 am BST – German Ifo Business Climate (SEP). Expected: 93.8. Previous: 92.6
1:30 pm BST – US Weekly Jobless Claims. Expected: 843k. Previous: 860
3:00 pm BST – US New Home Sales MoM (AUG). Expected: 890K. Previous: 901K
9:00 am BST - ECB Economic Bulletin
9:00 am BST – German Ifo Business Climate (SEP). Expected: 93.8. Previous: 92.6
1:30 pm BST – US Weekly Jobless Claims. Expected: 843k. Previous: 860
3:00 pm BST – US New Home Sales MoM (AUG). Expected: 890K. Previous: 901K
Central bankers speeches:
- 3:00 pm BST - BoE Gov Bailey Speech
- 3:00 pm BST – Fed Chair Powell Testimony
- 3:00 pm BST - Treasury Secretary Mnuchin Testimony
- 4:00 pm BST - Bundesbank Wuermeling Speech
- 6:00 pm BST - Fed Evans Speech
- 7:00 PM BST - Fed Williams Speech
