Markets: Key economic releases for the week ahead - Rabobank

According to analysts at Rabobank this week, we will have some key speeches from the Fed which are going to drive the market sentiment.

Key Quotes

“Firstly, there is Fed Vice Chair Clarida, whose perceived recent dovishness has arguably been a key driver--alongside oil--in bringing down swap rates. He speaks tomorrow at 14:30 CET, and is followed by Bostic, Evans, and George. Then on Wednesday we get to hear from Fed Chair Powell at 18:00 CET, including a Q&A. Thursday also has the Fed’s last set of minutes, and then on Friday Williams speaks on the global economy. Markets will be hoping they can correctly game the Fed grasping this is all rapidly becoming a whole new ball game: but is the Fed really game?”

“In terms of key data, today we get the German IFO survey (seen edging down to 102.3 and to 99.2 for expectations). The ECB’s Draghi will be in the European Parliament too;”

“Tomorrow we see Kiwi trade and US consumer confidence;”

“Wednesday we hear from RBNZ Governor Orr ahead of US wholesale inventories, Q3 GDP, and new home sales;”

“Thursday is German unemployment and CPI, then US personal income and spending; and”

“Friday is Japanese unemployment and industrial production, Chinese PMIs, Eurozone CPI, Indian Q3 GDP, Canadian Q3 GDP, and the Chicago PMI.”