HomeContributorsFundamental AnalysisWeekly Focus: US-China Trade Showdown

Weekly Focus: US-China Trade Showdown

Oct 04 19, 15:17 GMT

Market movers ahead

We see a 60% chance for an interim trade deal between China and the US next week.
Fed speakers will provide important clues about their policy stance ahead of the October meeting amid higher CPI core inflation.
ECB minutes will reveal the degree of disagreement about the new easing package and potential future policy responses.
In the UK, the focus is on the Brexit negotiations between the UK and EU ahead of the 17-18 October EU summit.
In the Scandi region, inflation readings for September are among the key releases.

Weekly wrap-up

US data have been weak so far, increasing market bets on a Fed cut in October.
In China, better than expected PMI numbers raise the hope of a better outlook for the Chinese economy.
UK PM Boris Johnson’s Brexit proposal received a cautious response from the EU.
SEK extended its losses higher after a dire print for manufacturing PMI.
Despite the ECB’s easing package, market-based inflation expectations hit a new record low.

Full report in PDF.

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