US Retail Sales amongst market movers this week – Rabobank
|Rabobank analysts point out that the week ahead will bring updates on US retail and industrial production and in the UK labour, CPI inflation and retailing data are due.
Key Quotes
“The start of the third quarter US earnings session will bring further colour regarding the state of the US and the global economy. Negative earnings growth in the S&P 500 companies is expected to be driven by firms with a high international exposure due to headwinds created by trade wars and the strong USD. According to Refinitiv data earnings growth is expected to drop by 3.2% in Q3.”
“The IMF/World Bank meetings are due to take place between October 14 and 20 under the guidance of new IMF President Kristalina Georgieva, who has recently warned of a “synchronised slowdown” in the global economy.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.