Summary Key Macro Events
🇬🇧 🇪🇺 British officials are prepared to water down Boris Johnson’s controversial lawbreaking Brexit legislation in a move that could revive failing talks with the European Union, according to people familiar with the matter. The bill begins its progress through the Lords on Monday – Bloomberg (19)
🇮🇪 Ireland is set to introduce some of the toughest curbs in Europe in a renewed effort to curb the spread of the coronavirus. The cabinet is due to meet on Monday to finalize the restrictions – Bloomberg (19)
🇺🇸 Housing Starts and Building Permits for September (20)
🇫🇷 Former French prime minister Edouard Philippe is set to appear before the Covid-19 inquiry on Wednesday. His house was searched by police as part of an investigation into ministers’ handling of the pandemic last week – FT (21)
🇪🇺 Christine Lagarde, president of the European Central Bank, is scheduled to host a virtual discussion together with chief economist Philip Lane to speak with civil society organisations about the ECB’s strategic review – FT (21)
🇨🇳 A day before rival Apple starts shipping its new 5G-capable iPhone 12, Huawei Technologies will unveil its updated flagship smartphone, the Mate 40 – Nikkei (22)
🇺🇸 Existing Home Sales for September (22)
🇺🇸 US president Donald Trump is scheduled to face Democratic nominee Joe Biden on Thursday in the last presidential debate before the election on November 3. (22)
🇹🇷 🇮🇱 Policymakers in Turkey and Israel meet on Thursday, but no change is expected. (22)
🇮🇹 🇬🇧 Standard & Poors will review its rating on Italy’s sovereign debt on Thursday and UK’s government debt on Friday – FT (22) & (23)
🇯🇵 🇪🇺 🇬🇧 🇺🇸 Markit Manufacturing, Services and Composite PMIs for October (23)
🇷🇺 Policymakers in Russia meet on Friday, but no change is expected. (23)
Earnings
💥IT'S #WEEKLYCOMIC TIME!💥
⚠️Markets Face Big Test In The Week Ahead As Mega-Cap Tech Earnings Loom
⚠️$NFLX: 10/20
⚠️$TSLA: 10/21
⚠️$GOOGL: 10/26
⚠️$MSFT: 10/27
⚠️$FB: 10/29
⚠️$AAPL: 10/29
⚠️$AMZN: 10/29👉 https://t.co/GGJDNTBHTC 👈$DIA $SPY $QQQ pic.twitter.com/vDuTdIeFai
— Investing.com (@Investingcom) October 17, 2020
1. Nice: 69% of companies are set to report Q3 earnings over the next two weeks.
h/t @LarryAdamRJ $SPX $SPY pic.twitter.com/o7BFdT6kej
— Callum Thomas (@Callum_Thomas) October 17, 2020
🌎 #China Will Likely Show Covid-19 Recovery Can Be Real: Eco Week – Bloomberghttps://t.co/mpzPa0KtE1
— Christophe Barraud🛢 (@C_Barraud) October 18, 2020
Your Week in Asia
— Huawei Mate 40
— Suga in Vietnam
— Tesla resultshttps://t.co/Ii42nX9GpM— Nikkei Asia (@NikkeiAsia) October 18, 2020
Coronavirus, Netflix results, China growth data https://t.co/OiRySjEF1F
— FT Economics (@fteconomics) October 18, 2020
🇬🇧 🇪🇺 U.K. Could Rewrite Lawbreaking #Brexit Bill as Part of Deal – Bloomberghttps://t.co/ouwpEwYYjj
— Christophe Barraud🛢 (@C_Barraud) October 19, 2020
🇮🇪 #Ireland Readies Some of Europe’s Toughest Virus Curbs – Bloomberghttps://t.co/YI1lzgyp28
— Christophe Barraud🛢 (@C_Barraud) October 19, 2020
Focus on 🇺🇸 Economic Calendar
🇺🇸U.S. ECONOMIC DATA THIS WEEK:
*BUILDING PERMITS (TUES.)
*HOUSING STARTS (TUES.)
*JOBLESS CLAIMS (THURS.)
*EXISTING HOME SALES (THURS.)
*MANUFACTURING PMI (FRI.)
*SERVICES PMI (FRI.)⚠️TRACK THE DATA IN REAL-TIME: https://t.co/zssQozcKnb$DIA $SPY $QQQ $VIX pic.twitter.com/imbkJMKDJj
— Investing.com (@Investingcom) October 18, 2020
Schedule for Week of October 18, 2020 https://t.co/8wON6z1phe The key economic reports this week are September Housing Starts and Existing Home sales.
— Bill McBride (@calculatedrisk) October 17, 2020
Top 10 Macro/Financial Charts of the Previous Week – w42
⚠ Top 10 Macro/Financial Charts of the Week – w42 ⚠
HT @zerohedge, @Callum_Thomas, @sentimentrader, @MacroCharts, @charliebilello, @fwred, @RencapManhttps://t.co/txpBUsAPwd
— Christophe Barraud🛢 (@C_Barraud) October 18, 2020
What happened in the World Economy last Week – in charts – w42 (Bloomberg)
What happened in the world economy this week – in charts https://t.co/WDpbpHlkYC
— Bloomberg Economics (@economics) October 17, 2020
