Welcome!

Monday, November 4, 2019

The Business News Week Ahead

Big news kicks off on Tuesday with the Reserve Bank of Australia, a bank that has been cutting rates aggressively all year and where another cut, though not expected, would add to the global wave of central-bank stimulus. Key economic data include German manufacturers' orders on Wednesday which began their breakdown this time last year and German industrial production on Thursday, where breakdown subsequently followed. Eurozone retail sales on Wednesday and Japanese household spending on Friday will offer regional updates on the consumer with Canada, after last week's Bank of Canada decision not to cut rates, to post labour market data on Friday. Other news to watch will be ISM non-manufacturing on Tuesday, in a US report that broke down badly in September, and the Bank of England's announcement on Thursday from a bank where Brexit uncertainty has limited policy scope. Chinese trade data, which like US trade data have been in contraction for both imports and exports, will be an early Friday highlight and if you're awake late Friday US time, you can pick up Chinese CPI and PPI data that will be released Saturday morning local time.

No comments:

Post a Comment

Legal Shield

Pre-Paid Legal