Market movers for the week ahead – Rabobank

Analysts at Rabobank point out that yesterday China released FX reserves data, which showed a slight dip but stayed at USD3.1 trillion again if one rounds up.

Key Quotes

“Today has already seen the unofficial Caixin services PMI, which came in better than expected at 53.1 (51.1 consensus).”

“With today being Columbus Day in the US and Thanksgiving in Canada, North American markets are closed. However, we will get to see how Chinese markets fare after being out for a week.”

“Later on there are German industrial production data.”

“In terms of the rest of the week’s events, tomorrow is the US NFIB small business survey and the Fed’s Evans speaks; Wednesday sees US PPI and speeches from the Fed’s Williams and Bostic; Thursday is US CPI; and Friday has a slew of Chinese data.”

“This week also has the great and the good of the IMF and the World Bank / ‘the Barmy Army’ meeting in balmy Bali. What wisdom will spring from their lips, one wonders?”