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Monday, September 28, 2020
The Business News Week Ahead
The US will open and close the week, the latter in style with the
September employment report. The week gets rolling on Tuesday with US goods
trade where a very deep deficit is expected to get even deeper in August,
followed later in the day by consumer confidence which has yet to revive at all
from the crisis. Key Japanese data, which have also failed to show much life,
will be posted Wednesday: industrial production and retail sales, both for
August and neither expected to show improvement. Wednesday will also see the
beginning of September data from China, opening with the CFLP manufacturing
index in what is expected to be another month of slow expansion. The progress
of the recovery in Germany will also be updated on Wednesday, first with retail
sales for August then unemployment for September. September inflation updates
will come from the Eurozone on Wednesday followed by Switzerland on Thursday, a
day that will also see Swiss data on August retail sales and September's SVME
PMI with the latter expected to show improvement. Attention will shift back to
the US beginning on Thursday with weekly jobless and the ISM manufacturing
index followed on Friday by September employment where another month of slowing
improvement is the expectation.
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