UK Retail Sales, CN Data Run [Video]
|Swiss trade balance for September is out first at 6 o’clock in the morning. Surplus narrowed down sharply in August, moving towards the 2 billion Swiss Franc level. UK Retail Sales for September could be a potential Sterling mover at 8:30 in the morning. Sales were up by point 3% in August, but markets are anticipating a decline this time around. A couple of US items are up next at a half past noon GMT including Philly Fed Survey for October. The diffusion index for current general activity increased 11 points in September to 22.9, returning the index near its average reading for 2018. Jobless claims is the other release out at this time. Initial claims were up by 7 thousand during the week ending October 6th. US Leading Indicators for September will then be available at 2 PM. The Leading index rose by point 4% in August and it’s now well above its previous peak. Japanese National CPI for September continues the data run at 11:30 PM. Core measure has been increasing gradually and it’s expected to hit the 1% mark in this release. It will be busy with Chinese publications at 2 o’clock in the morning. The high importance third quarter Gross Domestic Product data will be available along with September stats for Retail Sales, Fixed Assets Investment figures and Industrial Production numbers.
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