Daily Update - 16th October 2017 - 20th October 2017
• ECB Trade Balance • Deadline for Catalonia to decide their Statehood Independence Monday will be a quiet day in terms of Fx Top Tier Data. ECB will release their Trade Balance reports for this quarter which will give us the insight on their Balance of Trades of Imports against Exports. Followed by the Deadline decision for Catalonia to decide on their state to be an independent State will be coming to a conclusion on Monday 8GMT. • GBP Consumer Price Index Reports • ECB Consumer Price Index & ZEW Economic Sentiment • US Industrial Production Highlights of Tuesday will be the GBP Consumer Price Index and followed by a series of European Data like Consumer Price Index & Economic Sentiment of the European Market Confidence placed on by the General Public. To finish off the day US will release its Industrial Production reports & Its Housing Market Index which will give us a detail outlook of US Housing Market outlook and its Production sectors. • EU Extraordinary Economic Summit • GBP Inflation Report Hearings • US Housing & Building Permits EU Extraordinary Economic Summit in which they will be discussion on the growing menace of the Soured Debts to ECB by their respective nations. GBP Inflation Report Hearings will be released which will define their Interest Rate Decisions on their upcoming quarter. Final reports for the day will be from US on Housing & Building Permits • European Council Meeting • US Jobless Claims • AUD Employment Figures We will receive the Employment Figures of Australia early dawn of Thursday with reports such as Employment Change & Unemployment rate will significantly give us an indication on their Job Sector Growth and drawbacks. Followed by the Inauguration of European Council Meeting which will be held for two days with a collective discussion of the Presidents and Prime Ministers of the member countries of the European Zone. Followed by Initial Jobless Claims reports. • European Council Meeting • Fed Reserve Speech by Yellen Friday will be the highlight of this week with the European Council meeting adjourning which will give investors cues on their economic projections for the upcoming months and quarter. Followed by the awaited Event of the week will be the speech from Yellen who will discuss on their future outlook for Interest Rates for this quarter and 2018 and how has the CPI reports which was released Friday 13th October changed their Economic Stance for this quarter on Inflation Targets. Monday
Tuesday
Wednesday
Thursday
Friday
