Preview of the week starting 09 Oct 2023 - earnings season starts with the banks
Public Holidays No public holidays in the coming week for Hong Kong, China, the USA & Singapore. Economic Calendar (09Oct2023) Notable Highlights PPI . U.S. Producer Price Index (PPI) is the inflation that hits producers. Thus, this can be seen as a leading indicator for CPI which is the common reference for inflation. An increase in PPI can imply that the CPI may rise as producers pass their costs to their consumers. CPI . The CPI is synonymous with inflation. This is what people reference coming to the cost of living. This will also be one of the items that the Fed incorporate for their coming interest rate decisions. This will be the most watched economic news for the coming week. Jobless claims. Initial jobless claims will be announced on Thursday. This would form critical data points for the Fed to decide on the next interest rate adjustment. This is part of the data consideration for the Fed in their coming interest rate decision. Crude Oil Inventories can be seen ...