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What to Watch - Week of 13 October

It’s a big week locally, with all eyes on Thursday’s jobs number, with NAB tipping some 20k jobs to be created with the unemployment rate expected at 4.3%. Globally, banks reporting kicks off stateside and the continuation of the government shutdown looks likely to delay US data. CPI, PPI and retail sales were scheduled this week. Here’s what to watch in the week ahead.

Taylor Nugent | Markets Research

Past Week (jump to column)

  • Little of note in Australia, but consumer confidence and job ads were on the softer side.
  • USDJPY is up more than 3.5% week to date and the Nikkei surged after Takaichi’s weekend win

Week ahead (jump to column)

  • • In Australia, Employment (Thursday) is seen up +20k and the unemployment rate at 4.3%. From the RBA, the September Minutes are Tuesday and Bullock, Hunter and Kent speak during the week
  • • In NZ, the PSI and migration are released Monday, card spending on Tuesday, and selected prices are on Thursday. From the RBNZ, Chief Economist Conway speaks Wednesday.
  • • Globally, the IMF-World Bank meetings take place in Washington. Bank reporting kicks off in the US, and the government shutdown looks likely to delay US data. CPI, PPI and Retail Sales were scheduled for this week.
  • • In Europe, there is plenty of ECB speakers but little data. Final CPI is Friday. In the UK, Labour market data and monthly GDP are released.
  • • In China, Trade data is Monday and CPI & PPI are Wednesday

View the full report

Also in the What to Watch

 

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About the Author
NAB Markets Research

Our markets team is keeping clients informed with award-winning in-depth analysis on the Australian economy, foreign currency, fixed income, credit and commodities markets.