Things To Look Out For Today - Events & Data (Ldn Times)...

Things To Look Out For Today - Events & Data (Ldn Times)...

Asia:
Japan public holiday (Respect for the aged)
No significant data releases the Asia


Europe:
00-:01am  - UK Rightmopve house prices MoM (0.7%)
00-:01am  - UK Rightmopve house prices YoY (1.2%)
07:35am  - GER BBG Sept Germany economic survey
07:40am  - FRA  BBG Sept France economic survey
07:45am  - ITL  BBG Sept Italy economic survey
07:50am  - SPA  BBG Sept Spain economic survey
07:55am  - POR  BBG Sept Portugal economic survey
08:30am  - UK  BBG Sept UK economic survey
10:00am  - EUR CPI Core YoY
10:00am  - EUR CPI  YoY
10:00am  - EUR CPI MoM
10:00am  - ECB's Coeure speaks in Berlin
11:15am  - ECB's Praet speaks in Brussels


US:
13:30pm  - U.S. Empire manf


Market Focus this Morning...
   - ECB Governing Council member Smets said they have reiterated forward guidance on the reinvestment and on policy rates, implying that they foresee a very gradual process of policy normalisation.
  -  Turkish President Erdogan said they have face a heinous attack after US statement, adding that the rise in the Lira above seven was an economic assassination attempt. He also warned that his patience on interest rates has its limits.
  -  Bank of England Governor Mark Carney
- Although current rates of pay growth in the UK are below pre-crisis averages, this largely reflects continued weakness in productivity growth . . . More recently, uncertainty around Brexit has had an additional
- dampening effect.
- The Bank of England is well-prepared for whatever path the economy takes, including a wide range of potential Brexit outcomes.
- The MPC will respond to any persistent change in the outlook to bring inflation sustainably back to 2% target while doing what it can to support jobs and activity. The appropriate policy response is not automatic and will depend on the balance of the effects on demand, supply, and the exchange rate.
  - President Donald Trump instructed aides on Thursday to proceed with tariffs on about $200 billion more in Chinese products despite his Treasury secretary’s attempt to restart talks with Beijing to resolve the trade war, according to four people familiar with the matter.
  -  China is considering declining the Trump administration’s offer of trade talks later this month after fresh threats of tariffs from Washington, WSJ reports, citing officials with knowledge of the discussions.