On the Macro
Itâs a busy week ahead on the economic calendar, with 68 stats in focus in the week ending 16th October. In the week prior, 53 stats had been in focus.
For the Dollar:
Itâs a relatively busy week ahead on the economic data front.
On Monday and Tuesday, September inflation and wholesale inflation figures are due out.
The focus then shifts to manufacturing sector activity and labor market numbers on Thursday.
Expect the Philly FED Manufacturing PMI for October and the weekly initial jobless claims to impact.
At the end of the week, retail sales and industrial production figures are due out, along with October consumer sentiment numbers.
Expect the retail sales and prelim Michigan consumer Sentiment figures to have the greatest impact.
Away from the calendar, the next Presidential debate on 15th October will also provide direction. That is assuming that Trump decides to