This week is crucial for the Brexit negotiations since the EU ambassadors have set a deadline of October 11 for the two sides, US-China trade talks will resume on October 10 while Canadian employment report and US inflation will be most closely watched economic events.
The week of central banks, no less than 4 central banks will decide on interest rates and future monetary policy actions with FED leading the way as most important and most watched risk event of the week.
ECB rate decision will be the highlight of the week followed by consumption data from US and employment reports from UK and Australia.
NFP, Swiss and Australian Q2 GDP along with BOC and RBA rate decisions will be main data points to look at in the coming week.
Durable goods, PCE inflation and second reading of Q2 GDP from US along with preliminary August inflation from EU and PMI numbers from China are main events in the week ahead of us.
Preliminary PMI data from Europe and Japan for the month of August are in the week ahead of us accompanied by final inflation data from Europe, Canada and Japan as well as New Zealand retail sales for Q2.
The week ahead of us will have US and China consumption, preliminary Germany Q2 GDP, wages data from UK as headlines.
After a wild ride the previous week put through, we continue in a similar fashion with Q2 GDP data from UK and Japan, RBA and RBNZ rate decisions and Canadian employment report.
BOJ, BOE and FED will hold their meetings this week accompanied with NFP on Friday and slew of economic data worldwide.
ECB rate decision will dominate the week ahead of us accompanied by preliminary PMI figures for the month of July, election of the new UK Prime Minister and US Q2 GDP data.