- Mixed data from China regarding fixed-asset investment and GDP have been released.
- The economic calendar for Monday is light.
- A large number of publications are due this week, headlined by US CPI inflation and earnings reports from major US companies.
- Mixed data from China regarding fixed-asset investment and GDP have been released.
- The economic calendar for Monday is light.
- A large number of publications are due this week, headlined by US CPI inflation and earnings reports from major US companies.
Today's calendar is not extensive, with most key data having been released during the Asian session. The data from China turned out to be mixed—annual GDP growth slowed to its lowest pace this year, though industrial production grew stronger than expected. However, investment registered very sharp declines.
This week is set to be extremely interesting as we rapidly approach the Fed's decision. Crucially, this Friday brings the much-anticipated, albeit slightly delayed, US CPI inflation data, which will provide a broader picture of the situation in the US. Nevertheless, this week will also feature many key earnings releases from American tech giants such as Netflix, Tesla, Amazon, IBM, and Intel.
Today's Calendar (BST):
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09:00 Eurozone – Current Account (Forecast: €22.5 billion; Previous: €27.7 billion)
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13:30 Canada – PPI Inflation (Previous: 4.5% y/y)
Mixed US PMI data 🗽EURUSD gains
Shift in Europe's PMIs - Strong manufacturing, services decline
Economic Calendar - PMI data takes center stage as oil resumes climb
Economic Calendar: Inflation in Germany and Canada in the Spotlight