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Monday, October 7, 2019

The Business News Week Ahead

The deteriorating health of manufacturing is the global focus right now and the coming week will see a series of important updates on the sector. Germany has been showing the most trouble and the country's manufacturers' orders will be the focus of Monday's session while on Tuesday the focus will be German industrial production. Neither report is expected to show much strength. But it will be Thursday when industrial production reports completely dominate the calendar, first from France then Italy followed by the UK. Throw in Japanese machinery orders on Wednesday and the status of global manufacturing and the unfolding impact from slowing global trade should be fully updated. The week also sees household spending data out of Japan and retail sales out of Italy with US consumer prices on Thursday and Canada's Labour Force Survey on Friday rounding out the week. Federal Reserve Chair Jerome Powell will be making a number of US appearances in the week including luncheon remarks on Tuesday before an economics group.

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