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  • Welcome to the Investors Trading Academy economic calendar of the week. Each week our news analysts

  • review the upcoming economic events that you should be monitoring. After a light week for

  • data the economics calendar heats up and we have a week with both plenty of economic data

  • and corporate news too, plus a hefty array of central bank speeches on Monday. Markets

  • have recovered strongly in the first full week of the final quarter, helped along by

  • central banks that continue to point towards the idea that data will hold them back from

  • tightening policy any time soon. The US earnings season has begunthat

  • is, the time when US listed companies release their latest revenue and profit figures. And

  • yet again analysts are telling investors to brace for weakness. For the first time in

  • five years, S&P 500 companies are expected to report lower earnings than the previous

  • year with estimates centered on a decline of around 5 per cent.

  • Among those companies reporting on Monday is Infosys, while on Tuesday, Johnson & Johnson,

  • CSX and Intel issue profit results. On Wednesday, Bank of America, Blackrock, Wells Fargo, and

  • Netflix issue earnings results. China numbers, including trade figures and

  • the CPI number, will weigh heavily on mining shares around the globe, while UK data will

  • be key to supporting any continuation in the recent sterling bounce. Inflation data in

  • the UK, China and the US will be in the spotlight this coming week. The consumer price index

  • in the UK, released on Tuesday, is expected to pick up in September to 0.1% year-on-year

  • following a drop to 0% in August. The Bank of England, which is targeting 2%

  • inflation, said the outlook for CPI in coming months looked weaker than it previously thought,

  • according to the meeting minutes of its 8 September policy meeting. The central bank,

  • which is taking inflation into close consideration in determining the timing of an interest rate

  • hike, said CPI was unlikely to reach 1% until the spring of 2016.

  • The UK's jobs report on Wednesday will therefore be under the microscope with analysts predicting

  • the headline ILO unemployment rate fell to 5.4% in the three months to September from

  • a prior 5.5%. Average weekly earnings are forecast to grow 3.1% during the period, compared

  • to 2.9% in the previous quarter when it reached a six-year high.

  • On Thursday, the US headline CPI is estimated to fall 0.1% year-on-year in September and

  • 0.2% month-on-month, amid falling oil prices. Core inflation, which excludes volatile items

  • such as fuel and food, is estimated to have risen 0.16% month-on-month September, compared

  • to the previous month's 0.07% increase. Year-on-year it is projected to have held at a1.8% gain.

  • Rounding out the week Friday in the US, industrial production data is scheduled together with

  • the consumer sentiment survey, the JOLTS job openings survey and data on longer-term capital

  • slows. Economists estimate that production lifted by 0.2 per cent in September after

  • falling 0.4 per cent in the previous month.

Welcome to the Investors Trading Academy economic calendar of the week. Each week our news analysts

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