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Fundamentals to watch out for this week

This week is quite risk heavy. Focus is on NFP report from the Unites States.

What to watch for over the coming days:

  • Vice Presidential dual:

After Trump-Clinton dual last week broke all records, the focus would be on Vice Presidential debates scheduled for 4th of October.  Tim Kaine from the Democratic side would be battling Mike Pence of the Republican side. Next Presidential debate is on 9th.

  • Central banks:

Reserve Bank of Australia (RBA) is scheduled to announce interest rate decision on Tuesday. Fed’s Evans and Mester are scheduled to speak this week on Wednesday and on Friday.

  • US data:

Some key economic figures would be announced from the United States this week; ISM manufacturing PMI data on Monday, non-manufacturing PMI on Wednesday, ADP employment data on Wednesday, and finally the NFP data on Friday. If the payroll turns out to be weaker like last time along with weak wage growth, it could pose some doubt over hike from Fed in December.

In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.

 

  • Market Data
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