Experience the Decision Economics Difference for yourself.
The Global Markets Weekly – 10/14/11
- U.S.: CPI and PPI data should show a boost from higher energy prices, and a firm but moderate core. Housing starts were likely boosted a bit in September, but still very weak, while existing home sales likely fell. Industrial Production data should incorporate ongoing expansion in the manufacturing sector.
- Eurozone: Aside from the G20 meeting, surveys will be the data focus with most of the attention on the ZEW survey, German Ifo data and French INSEE numbers on Friday. Eurozone consumer confidence data should also be closely watched.
- United Kingdom: CPI data should show a fresh cycle-high for the headline figure. Retail sales numbers should continue the recent flat to softer trend. Given the weakness in the economy and the associated impact of fiscal consolidation measures, public borrowing data may get greater scrutiny than hitherto.
- Japan: Data releases are limited to the revised August industrial production report, with little change to earlier figures expected. The key policy event should be the Bank of Japan Branch Managers Meeting.
- Emerging Markets/Regions: The key data release this week is China’s third quarter GDP. Consensus expectations are near 9.3% year-on-year. DE’s own estimate is not too far from that mark but lower, at 9% year-on-year.