FOMC will be most closely watched event next week

Perhaps the most closely watched event next week will be the US Fed’s latest interest rate decision on Wednesday.

In the meantime on Monday, Germany will publish the latest Ifo business climate data. Then the US publishes new home sales data.

On Tuesday, the UK sees the release of preliminary third quarter GDP numbers. They are likely to show that growth has slowed.

Durable goods orders, Shiller home price and Markit flash services PMI data are published in the US.

On Wednesday, Australia sees the release of consumer price data. Meanwhile, retail sales numbers are published in Japan.

GfK published consumer confidence numbers for Germany, while Destatis releases retail sales figures.

The US publishes trade data later on Wednesday but the highlight of the day will be the Federal Reserve announcement on its latest monetary policy decision.

On Thursday, trade price figures are published by the Australian Bureau of Statistics.

The Reserve Bank of New Zealand announces its latest monetary policy decision.

Industrial output numbers are issued by Japan.

The European Commission releases economic sentiment data for the Eurozone.

Unemployment and consumer price numbers are meanwhile published in Germany.

Nationwide releases house price numbers for the UK.

Third quarter GDP data and initial jobless claims numbers are out in the US.

On Friday, producer price numbers and private sector credit data are issued in Australia.

Consumer price and household spending data are released in Japan alongside construction orders and housing starts data.

The Eurozone sees the publication of consumer price and unemployment data.

GfK consumer confidence data are published for the UK.

The latest Reuters/Michigan Consumer Sentiment Index is published in the US alongside personal spending data.

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