Week Ahead – w42
Summary Key Macro Events
The U.S. State Department has until Monday to submit to Congress a report on foreign individuals, entities and financial institutions that contribute to China’s curtailing of Hong Kong’s autonomy. (12)
Senior military commanders of India and China meet on Monday to discuss ways to disengage from a monthslong standoff along their disputed border in the Himalayas. (12)
The IMF and the World Bank annual meetings kick off on Monday in a virtual setting with panellists including central bankers, chief executives and government officials. (12)
Prime minister Boris Johnson is set to announce in the House of Commons a new set of rules for local lockdowns with areas graded in three tiers: medium, high and very high risk. (12)
Brexit alks to resume on Monday ahead of key EU summit on Thursday (12) & (15)
The central body of China’s National People’s Congress will meet this week to finalize revisions of several bills, including the National Flag Law and the National Emblem Law. (13)
The IMF is set to release its World Economic Outlook on Tuesday, which is expected to dissect the economic impact of lockdowns and revise its growth projections for 2021 that were outlined in June. (13)
CPI for August (13)
Federal Reserve Board Vice Chairmen Richard Clarida and Randal Quarles are scheduled to speak Wednesday and Thursday at an Institute of International Finance event that takes place on the virtual sidelines of the IMF meetings. (14) & (15)
The European Council summit is due to start on Thursday. (15)
The US Senate will hold the final hearing on the Supreme Court nominee Amy Coney Barrett on Thursday. (15)
Retail Sales for September (16)
Industrial Production for September (16)
Earnings
Goldman Sachs, Bank of America and Wells Fargo will report on Wednesday (14)
Morgan Stanley reports on Thursday, followed by Bank of New York Mellon the day after. (15) & (16)
#IMF Meets With Global Economy in Historic Recession: Eco Week – Bloomberg
*Link: https://t.co/dYDgb8hTVY pic.twitter.com/oReX9XEUGW— Christophe Barraud (@C_Barraud) October 11, 2020
Apple 5G iPhone, China-India talks, New Zealand election — Your Week in Asiahttps://t.co/geIs3FIWf7
— Nikkei Asia (@NikkeiAsia) October 11, 2020
IMF meetings, Wall St bank results, US retail data https://t.co/RIbs38mQ2S
— FT Economics (@fteconomics) October 11, 2020
⚠️Here's What To Expect In The Week Ahead:
*High Volatility On Stimulus Hopes To Continue After Equity Rally
https://t.co/n4t5CcFa19$DIA $SPY $QQQ $USD $GC_F $CL_F #OOTT pic.twitter.com/wLjadfIWIy
— Investing.com (@Investingcom) October 11, 2020
A trade deal between the UK and European Union is still hanging in the balance after a weekend of intense diplomacy saw Boris Johnson call the leaders of Germany and France https://t.co/tQeuV8sWoF
— Bloomberg Economics (@economics) October 11, 2020
Focus on Economic Calendar
Tips From Top Forecaster: U.S. Economic Calendar (w42) | CPI, Retail Sales, Industrial Productionhttps://t.co/VyUaJwsM8R
— Christophe Barraud (@C_Barraud) October 11, 2020
Schedule for Week of October 11, 2020 https://t.co/Mlp4eGj0pp The key economic reports this week are September CPI and Retail Sales.
— Bill McBride (@calculatedrisk) October 10, 2020
Top 10 Macro/Financial Charts of the Previous Week – w41
⚠ Top 10 Macro/Financial Charts of the Week – w41 ⚠
HT @zerohedge, @jsblokland, @BittelJulienhttps://t.co/5XDG4peM5K
— Christophe Barraud (@C_Barraud) October 11, 2020
What happened in the World Economy last Week – in charts – w41 (Bloomberg)
What happened in the world economy this week – in charts https://t.co/2bCfTmr989
— Bloomberg Economics (@economics) October 10, 2020