Home Artikel Market News Major Economic Calendar For The Week 19-23 October 2020

Major Economic Calendar For The Week 19-23 October 2020

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Thursday’s debate may be the last chance for Trump to turn around the campaign, while there should still be more chances for the EU and the UK to agree on a trade deal despite their confrontational tone, which could keep a cap on GBP losses. Unless fresh fiscal stimulus hopes come to the rescue, risk-related FX may keep struggling and USD could stay supported

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Below are the main economic data to be published next week along with expectations from the Monsun Asia.
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19 October 2020 – Monday

1) China’s GDP for Q3 (10:00 Malaysia Time) — No prediction — No prediction on Chinese data.

20 October 2020 – Tuesday

1) Australia’s Monetary Policy Meeting Minutes (8:30 Malaysia Time) — No prediction — No prediction on Central bank’s minutes.

2) U.S. Building Permits for September (20:30 Malaysia Time) — Bullish prediction — Low interest rates and state reopening should fuel on housing sector.

21 October 2020 – Wednesday

1) U.K. CPI for September (14:00 Malaysia Time) — Bearish prediction — Fall in shop prices in September.

2) Canada’s CPI for September (20:30 Malaysia Time) — Bullish prediction — Sharp improvement in labor market conditions and rise in price component of IVEY.

22 October 2020 – Thursday

1) U.S. Existing Home Sales for September (22:00 Malaysia Time) — Will update — Will update after U.S. housing permits.

23 October 2020 – Friday

1) NZ’s CPI for Q3 (5:45 Malaysia Time) — Bearish prediction — Food price inflation largely unchanged but RBNZ dovish in inflation.

2) U.K. Retail Sales for September (14:00 Malaysia Time) — Bullish prediction — British Retail Consortium shows improvement in consumer demand.

3) EZ’s PMI data for October (16:00 Malaysia Time) — Bearish prediction — Weaker ZEW, Ifo and Industrial production.

4) U.K.’s PMI data for October (16:30 Malaysia Time) — Bearish prediction — Likely to be weaker given rising virus cases and Brexit uncertainty.

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⚠️ USE THESE DATA TO MANAGE YOUR TRADE AHEAD OF THE EVENT. NOT TO TRADE DURING NEWS RELEASE.
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