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European Economics Preview: Germany Foreign Trade Data Due
Foreign trade data from Germany is due on Thursday, headlining a light day for the European economic news.
At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss jobless rate for September. The jobless rate is seen at seasonally adjusted 3.4 percent, unchanged from Aug
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EUR/USD Price Analysis: Weekly chart indicator turns bearish for first since May
EUR/USD's weekly MACD shows a bullish-to-bearish trend change.
While the pair bounced last week, it is not out of the woods yet.
EUR/USD jumped 0.74% last week, trimming the previous week's 1.77% decline.
However, the currency pair is not out of the woods yet, as a widely-tracked longer duration
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The betting markets are showing a Biden win, but awaiting an update
This is via Real Clear politics but I'm awaiting a clearer picture after weekend developments on, specifically, Trump's COVID-19 infection progress.
Currently the picture is stark - a Biden win and its not even close. Polling is showing similar. Back in 2016 Clionton's lead was not this big at thi
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RBA monetary policy meeting Tuesday 5 October 2020 - preview
Reserve Bank of Australia decision will be announced at 2.30pm Sydney time, which is 0330 GMT
The consensus is for no change to policy at this meeting.
Via KiwiBank:
No change to policy setting is expected at this week's meeting.
However, the statement will be scrutinised for any change in tone
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Coming up on Tuesday - Fed Chair Powell speaking
Federal Reserve System Chair Powell speaks to the National Association for Business Economics.
At 1440 GMT on Tuesday 6 October 2020
To speak from a prepared text, I haven't sighted the topic but given the venue it should be pertinent.
There will be a Q&A to follow
