In the macroeconomic statistics coming out next week, the following indicators can be distinguished:
Monday
An OPEC meeting will be published on the first day of the week, and a meeting of the Eurogroup will be held at the same time.
Later, in the American session, the focus of traders' attention will be the indicator of Canada's construction permit for August. And the market's attention will also be focused on the volume of US industrial orders for August.
Tuesday
On Tuesday, the Asian session will publish the volume of retail sales in Australia for September. Later, an important event will be the Reserve Bank of Australia's interest rate decision.
At the European session, attention will be on the index of business activity in the Eurozone services sector for September. The release of the UK composite PMI index for September will add to trading activity. At the same time, the index of business activity in the UK services sector for September will be released.
The business activity index (PMI) in the US services sector for September will be released at the US session. A little later, the ISM Purchasing Managers' index for the US non-manufacturing sector for September will be published.
An important event for the oil market will be the publication of weekly crude oil reserves according to the American Petroleum Institute (API).
Wednesday
The focus of the Asian session will be the decision on the interest rate of the Reserve Bank of New Zealand.
The European session will be opened by the publication of the volume of production orders in Germany for August. Later, the volume of retail sales of the Eurozone for August will be published.
Before the US session, changes in the number of people employed in the non-agricultural sector from the US ADP for September will be released. Traditionally for the oil market, on Wednesday there will be a release of changes in US crude oil inventories for the week.
On this day, Bostik, a member of the FOMC, will give a speech.
Thursday
There will be a day off in China – the Chinese markets will be closed.
The European session will be opened by the publication of the unemployment rate in Switzerland for September, excluding seasonal changes. A little later there will be a release of the UK house price index from Halifax. On the same day, the volume of industrial production in Germany for August will be published.
At the European session, traders' attention will focus on the minutes of the ECB monetary policy meeting.
At the American session, the market will traditionally wait for a weekly change in the number of initial applications for US unemployment benefits. Later, the release of the Ivey Canadian Business Activity Index (PMI) for September will be released.
Friday
The Japanese household spending index for August will be published at the Asian session. A little later, the Reserve Bank of Australia will present a financial stability report.
The German trade balance for August will be released at the European session.
The number of construction permits issued for September will be released at the American session. At the same time, it is planned to publish the US unemployment rate for September. The release of the Canadian unemployment rate for the same month will also add to the trading activity.
The commodity market will pay attention to the weekly change in the number of active drilling rigs from Baker Hughes.