This Week’s Market Movers: Spotlight on PMI Data and Key Upcoming Releases
Market Movers for the Week of October 21-25: Key Data from Major Economies
This week, the economic calendar highlights several critical market movers, including the preliminary PMI indices from the Eurozone and the United States.
These indicators offer a vital snapshot of the economic and production activities within the struggling European economy and the U.S., which is gearing up for presidential elections.
Additionally, the calendar features the German IFO index and a key meeting of the Chinese central bank.
Below, we outline the essential market movers for the week ahead.
Market Movers for Monday, October 21
03:15 CNY: China’s PBoC Interest Rate Decision
Market Movers for Tuesday, October 22
08:00 EUR: Car Registrations in Italy
21:15 EUR: Speech by ECB President Lagarde
22:30 USD: U.S.
Weekly Oil Inventories
Market Movers for Wednesday, October 23
16:00 USD: U.S.
Existing Home Sales
16:30 USD: U.S.
Crude Oil Inventories
Market Movers for Thursday, October 24
02:30 JPY: Japan Preliminary Manufacturing PMI
02:30 JPY: Japan Preliminary Services PMI
09:30 EUR: Germany Preliminary Composite PMI
09:30 EUR: Germany Preliminary Manufacturing PMI
09:30 EUR: Germany Preliminary Services PMI
10:00 EUR: Eurozone Preliminary Manufacturing PMI
10:00 EUR: Eurozone Preliminary Services PMI
10:30 GBP: UK Preliminary Composite PMI
10:30 GBP: UK Preliminary Manufacturing PMI
10:30 GBP: UK Preliminary Services PMI
14:30 USD: U.S.
Initial Jobless Claims
15:45 USD: U.S.
Preliminary Manufacturing PMI
15:45 USD: U.S.
S&P Global Composite PMI
15:45 USD: U.S.
Preliminary Services PMI
16:00 USD: U.S.
New Home Sales
Market Movers for Friday, October 25
10:00 EUR: Business Confidence Level in Italy
10:00 EUR: Consumer Confidence Index in Italy
10:00 EUR: Business Expectations in Germany
10:00 EUR: Current Situation Assessment in Germany
10:00 EUR: IFO Business Climate Index in Germany
16:00 USD: Michigan Consumer Sentiment Index
16:00 USD: Michigan Confidence Index