Markets: What to look out for this week? – Deutsche Bank

Analysts at Deutsche Bank suggest that it's a fairly quiet start to the week with the highlight being the final August CPI revisions for the euro area and away from that we'll get the September empire manufacturing reading in the US.

Key Quotes

“Tuesday: It's another quiet day for data on Tuesday with the September NAHB housing market index reading in the US the only release of note. Away from that though, South Korea President Moon Jae-in meets for a three-day summit in North Korea with Kim Jong Un while the UN General Assembly opens (with the general debate beginning September 25th). EU Chief Brexit Negotiator Michel Barnier is also due to brief EU affairs ministers in Brussels while Italy's Finance Minister Tria is due to speak in Milan. Russia's Finance Minister Siluanov is also due to meet China Vice Premier Han Zheng.”

“Wednesday: The likely main focus on Wednesday will be the BoJ rate meeting outcome. In addition to that, the two-day EU Summit in Salzburg will also be worth a watch. Data wise, August trade data in Japan, August inflation data in the UK, the Q2 current account balance in the US and housing starts and building permits also in the US will be released. Meanwhile ECB President Draghi is due to speak in Berlin while the BoE's Haldane speaks in Estonia.”

“Thursday: It's another fairly quiet day for data on Thursday with August retail sales in the UK, September euro area consumer confidence, weekly jobless claims, August leading index and August existing home sales data all in the US due. Away from that Japan's Liberal Democratic Party Leadership contest outcome is due, while euro area finance ministry officials are due to meet to discuss Greece, the EMU and budgets.”

“Friday: It's a reasonably busy end to the week on Friday for data alongside quadruple witching day. Overnight we'll get August CPI in Japan while the big focus in Europe and the US will be the flash September PMIs. The UK will also release August public finances data while France will confirm its final Q2 GDP revisions. Away from that, a second round of trade talks between Japan and the US is scheduled for the end of the week.”