Week Ahead - Oct 13th

Next week, markets will turn their attention to the start of the US earnings season, with major banks including Citigroup, Goldman Sachs, JPMorgan Chase, Wells Fargo, Bank of America, Morgan Stanley set to report results. Meanwhile, as the US government shutdown enters its third week, the release of key economic data such as CPI is expected to remain delayed. However, traders will still monitor other scheduled updates, including industrial production, the NAHB housing market index, the Philadelphia Fed and New York Fed manufacturing surveys, and the NFIB Small Business Optimism Index. In China, attention will turn to trade, inflation, and banking activity, while in Europe, investors will watch Eurozone industrial production, the final inflation reading, Germany’s ZEW sentiment index, and UK labor market and GDP data. Elsewhere, Japan’s political developments will remain in focus. The IMF will publish its World Economic Outlook.