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Hello everyone, today XM Forex will bring you "[XM Forex]: Preview of heavy global market data next week". Hope this helps you! The original content is as follows:
Next week (October 18th-24th), although there is still a risk of missing some data due to the U.S. government shutdown, multiple sets of global heavyweight economic data, intensive speeches by central bank officials and high-profile international conferences will be unveiled. From core data such as China's GDP and social zero to the postponement of U.S. CPI, from the G30 meeting to the APEC finance ministers' meeting, every event may affect the market's nerves. Investors need to focus on the gap between policy signals and data expectations and respond to fluctuations in advance.
This Saturday (October 18), the 2025 FOMC voting zgykf.cnmittee and St. Louis Fed Chairman Musallem delivered a speech. Bank of England Governor Bailey delivered a speech.
U.S. Treasury Secretary Bessant, European Central Bank President Christine Lagarde, and Bank of England President Bailey attended a panel discussion at the Group of 30 (G30) Economic Conference.
On Monday (October 20), China will announce the annualized total retail sales of consumer goods, industrial added value above designated size, LPR interest rate, and annualized GDP in the third quarter.
These are all data that boost confidence in the real economy. Social zero data represents the consumption situation of various departments. Industrial added value represents the ability of each industry to produce new value for terminal products. LPR is closely related to changes in zgykf.cn profits brought about by changes in residents’ monthly payments and changes in corporate borrowing interest.
At the same time, the Fourth Plenary Session of the 20th Central zgykf.cnmittee of the zgykf.cnmunist Party of China will also be held from October 20th to 23rd.
New Zealand’s annualized CPI in the third quarter may rise due to New Zealand’s unexpected interest rate cut to 2.5%.
On Tuesday (October 21), New Zealand's trade balance and Australia's ANZ consumer confidence index for the week. The data from these two export-oriented countries can be used as leading indicators of the global economy. After that, Canada announced its CPI. Canada just announced an interest rate cut of 25bp to 2.50% on September 17.
The Federal Reserve held a payment innovation conference to discuss stablecoins, artificial intelligence and tokenization.
The Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting will be held until October 22.
On Wednesday (October 22), API and EIA still announced crude oil inventories, while US crude oil futures changed the month to December.
The United Kingdom announced the CPI and retail price index in September, as well as the trade account in September, so you can observe its import and export conditions.
On Thursday (October 23), the United Kingdom announced orders, sales and business optimism index, the Eurozone announced the October consumer confidence index, and the United States announced the year-on-year existing home sales rate in September. Existing home data is a core indicator that reflects the real estate stock market and the macro economy.
It is worth noting that the U.S. government is shut down, and the data on the number of initial and continuing jobless claims may be absent depending on the situation of the U.S. government shutdown, but the release of the U.S. CPI data the next day will be delayed.
At the same time, the Fourth Plenary Session of the 20th Central zgykf.cnmittee of the zgykf.cnmunist Party of China will also conclude on Thursday.
The highlight of today on Friday (October 24) is the U.S. CPI index delayed due to the U.S. government shutdown. The inflation data will bring important guidance to the Federal Reserve’s interest rate meeting at the end of the month. At the same time, the market can look forward to whether the U.S. non-agricultural data will be suddenly released one day.
In addition, Japan announced the CPI, the UK announced the October Gfk Consumer Confidence Index, and the UK, France, Germany, the Eurozone, and the United States will all disclose October PMI data today. The recent adjustment in the global stock market may also partly bet that the PMI may not be as good as expected, but if there is an expected difference, it will boost the stock market.
U.S. new home sales data for October and the final value of the University of Michigan Consumer Confidence Index for October will also be released.
In addition to core economic data, investors also need to be wary of three major potential risks: First, the Russian-Ukrainian conflict, the Palestinian-Israeli conflict, and domestic political variables in Japan and France may trigger a rise in risk aversion, which is good for safe-haven assets such as gold and the U.S. dollar.
Second, if the speeches of central bank officials such as the Federal Reserve, the European Central Bank, and the Bank of England signal a policy shift, they may quickly revise market expectations and trigger short-term fluctuations in corresponding currencies.
Third, if international trade friction escalates again, it will have a negative impact on the situation of global risk assets.Emotions are suppressed.
The above content is all about "[XM Foreign Exchange]: Preview of heavy global market data next week". It is carefully zgykf.cnpiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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