Economic Events of the Coming Week - 9/25/2016

Monday: September’s IFO Survey will be released in Germany – analysts expect Business Climate to increase slightly to 106.3 points. In the U.S., August’s New Home Sales data will see light. The first presidential debate between Clinton and Trump is also likely to grab a lot of attention.

Tuesday: M3 Money Supply data will be released in the Eurozone. In the U.S., the preliminary Markit Purchasing Managers’ Index for September will see light. September’s Consumer Confidence Index will also be released in the U.S., where analysts are expecting a fairly substantial deterioration, to 98.5 points, from a current 101.1.

Wednesday: September’s Consumer Confidence Index will be released in France and Italy. In the U.S., the weekly MBA Mortgage Applications will see light, as will August’s Durable Goods Orders data.

Thursday: August Retail Sales data will be released in Spain. The preliminary estimate for Spain’s September Consumer Price Index will also see light, where analysts expect inflation to slide into positive territory, at +0.1%. September Unemployment data will be released in Germany as will September’s Consumer Price Index data, with analysts expecting an increase of annual inflation, to 0.6%. In the U.K., August’s Mortgage Approvals data will be released. In the U.S., the preliminary estimate for August’s Wholesale Inventories will see light, as will the Third estimated for the second quarter’s GDP data and the weekly Initial Jobless Claims figure.

Friday: labor market data will be released in Japan. The country will also see the release of August’s Consumer Price Index data. In China, the Caixin Purchasing Mangers’ Index will be released. U.K. Nationwide House Price Index data will also see light, with a moderation of prices’ annual growth rate expected by analysts, to 5%. In the U.S., Personal Income and Personal Spending data will see light. September’s Chicago Purchasing Managers’ Index will also be released in the U.S., as will the final estimate for the University of Michigan’s Consumer Sentiment Index.