MON: Norwegian CPI (Sep); EZ Sentix Index (Aug); Japan Holiday

TUE: UK Jobs Report (Sep)

WED: G20 Meeting (1/2); BoK Announcement; UK GDP (Aug); US PPI (Sep); FOMC Minutes (Sep); EIA STEO; Hong Kong Holiday.

THU: G20 Meeting (2/2); German Final CPI (Sep); Swedish CPI (Sep); US CPI (Sep).

FRI: Chinese Inflation (Sep); Chinese Trade Balance (Sep); Indian Inflation (Sep); US Retail Sales (Sep); US University of Michigan (Oct).

Key Market Events #1. Key Earnings this week: 

Monday (10th Oct 2022)

  • Delta Air Lines – Monday (10th Oct 2022)

Wednesday (12th Oct 2022)

  • PepsiCo – Wednesday (12th Oct 2022)

Thursday (13th Oct 2022)

  • BlackRock – Thursday (13th Oct 2022)
  • TSMC – Thursday (13th Oct 2022)
  • Walgreens Boots – Thursday (13th Oct 2022)

Friday (14th Oct 2022)

  • JP Morgan Chase & Co. – Friday (14th Oct 2022)
  • Citigroup Inc. – Friday (14th Oct 2022)
  • Morgan Stanley – Friday (14th Oct 2022)
  • UnitedHealth – Friday (14th Oct 2022)

Key Market Events #2. FOMC minutes for September meeting – Wednesday

The Federal Open Market Committee (FOMC) holds 8 regularly scheduled meetings during the year and other meetings as needed. The minutes of regularly scheduled meetings are released three weeks after the date of policy decision. 

FOMC minutes from its last rate-setting meeting

Key Market Events #3. US CPI – Thursday

A fresh CPI reading on Thursday is expected to dictate how much more aggressive the Federal Reserve will get with its interest rate hiking plans, which are already the most combative in decades. The consequential economic release will hold even greater significance after the Labor Department’s September jobs report on Friday suggested officials have further room for increases.

Key Market Events #4. China CPI, PPI, Trade – Friday

China’s consumer prices rose at a slower-than-expected pace in August while the rate of producer inflation hit an 18-month low, reflecting an economy plagued by weak domestic demand and leaving room for further central bank policy easing.

The consumer price index (CPI) increased 2.5% from the same month a year earlier, National Bureau of Statistics (NBS) data showed on Friday, slower than 2.7% in July and the 2.8% average forecast in a Reuters poll of analysts.

Source: Reuters

This Friday, China will report its Consumer Price Index (CPI), Product Price Index (PPI) and Trade. 

5. US Retail Sales – Friday

Key Markets #5. US Retail Sales - Friday
Source: ycharts

Consumption takes up 70% of US GDP, and retail sales account for nearly 40% of GDP consumption, with the rest of 60% being service sales. US retail sales indicate the health of the economy. Thus, this Friday’s report for US retail sales will be an interesting one.

Our Stand

Inflation is a tough opponent, while weakening economic conditions and market volatility are the expensive costs of victory. The resolve of central banks will be tested further in the coming months, and the world will be watching to see if they stay true to the inflation fight or buckle amidst market volatility and weaker economic performance.

If you are keen, check out our articles on other analysis: Trust Bank ReferralBest Low Risk Cash Investments and Which FIRE are you working towards.

Disclaimer: The information provided by LearnToInvest serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any stock.


Leave a Reply