Here are some of the important economic data that will be the focus of the market throughout the week.
China’s Gross Domestic Product Data (Monday 10.00am): As the world’s second largest economy after the United States (US), China’s economic growth will be the focus of investors earlier this week to assess the health of the economy in the third quarter.
Minutes of the Australian Central Bank Policy Meeting (Tuesday 8.30am): Further details on the minutes of the Reserve Bank of Australia (RBA) meeting will be scrutinized by investors after a meeting in early October saw interest rates remain at 0.10%.
UK Inflation Data (Wednesday 2.00pm): The annual consumer price index data in the UK for September is expected to remain unchanged at 3.2% as per the previous reading. Significant changes in actual reading figures can influence central bank decisions in policy setting.
Canadian Inflation Data (Wednesday 8.30pm): This week’s Canadian consumer price index data will be an important reference ahead of Canada’s central bank policy meeting next week.
European Manufacturing & Services PMI data (Friday 4.00pm): Being the focus of the European session this weekend, assessments for European economic sector data particularly in Germany will be scrutinized by investors for indicators of current economic health. Data readings are still expected to remain at stable levels.
UK Manufacturing & Services PMI data (Friday 4.30pm): Also following the release of economic sector data in the UK at the European session this Friday for investors' assessment. Data readings are expected to decline slightly but remain at expansion levels.
