The publication of the Sentix index, which will show the evolution of investor sentiment, the evolution of industrial production in August in Germany and the eurozone, as well as the final CPI readings for September in Germany, France and Spain, and the publication of the Federal Reserve (Fed) minutes of the last meeting, will mark the agenda of the IBEX 35 next week, conditioned by the bank holidays of October 12 in Spain with a long weekend included in the school calendar, although the stock market will be open every day.
In Europe, October’s Sentix index of investor confidence in the euro zone will be released on Monday, as well as Germany’s industrial production in August.
On Tuesday, there will be little macroeconomic data in Europe and the most relevant will be the release of the BRC Retail Sales Index for September in the UK, as reflected in Singular Bank’s agenda.
Germany’s CPI and Italy’s Industrial Production for August will be released on Wednesday 11.
Public Holiday in Spain
One day later, on Thursday 12, a public holiday in Spain, the Spanish National Day, the stock market will open and the Thomson Reuters Primary Consumer Confidence Index (PCSI IPSOS) for October will be published in Spain as well as in Germany, France and Italy, the German current account balance, the Portuguese CPI for September and the monthly GDP data from the National Institute of Economic and Social Research (NIESR) in the United Kingdom.
On Friday, markets will be looking ahead to the European Central Bank (ECB) President Christine Lagarde and Bundesbank President Joachim Nagel, as well as French and Spanish CPI.
Likewise, in the United Kingdom, the GDP data is also noteworthy because together with the growth and inflation data, it reflects the work done on rate hikes by the Bank of England.
In reference to the CPI in Germany, the advance data put it at 4.5%, while in Spain, it was 3.5% due to the last rise in fuel prices.
The IBEX 35, attentive to the United States
The IBEX 35 cannot take its eyes off the US either. The week will start with the appearances of the vice-president of the Federal Reserve (Fed), Philip Jefferson, and the president of the Dallas Federal Reserve, Lorie K. Logan. Logan, as well as The Conference Board’s Employment Trends Index for September.
On Tuesday it will be the turn of the Redbook retail sales index and wholesale inventories, and a day later on Wednesday the mortgage market index, the September Producer Price Index (PPI), the Fed meeting minutes and the weekly API crude oil stocks.
Thursday will bring IMF meetings and US CPI data.
The week will end in the US with Import Price Index, University of Michigan Consumer Confidence and statements from FOMC member Patrick Harker.
In the Asia-Pacific region, China’s outstanding loans and total social financing will be released on Wednesday.
On Friday, China will release September CPI and GDP as well as imports and trade balance.
In Japan, the week starts with the National Sports Day holiday, and on Thursday the corporate goods price index will be released and BoJ Board member Asahi Noguchi will appear,
The week will end in Japan with the Japanese Foreign Investment in Japanese equities and the Thomson Reuter’s and IPSOS October PCSI, which will also be released in China.