EN Down
Hi, user_no_name
Live Chat

Welcome to your guide to the week ahead in the markets. This week, US-China trade talks, US inflation, Brexit gets closer and UK GDP announced.

US-China trade talks

The US and China are due to restart high-level trade talks on Thursday (Oct 10th) as the two sides try to hammer out an agreement on reducing tariffs. Failure to reach agreement will likely mean an escalation in tariffs and may spark fears in the market of a greater slowdown in economic activity. The White House delayed imposing tariffs on a large chunk of Chinese imports from Oct 1st until Oct 15th, whilst a range of goods have been exempted until Dec 15th. At the very least market watchers will be eyeing whether these delays can be extended, or the tariffs even scrapped. However, hopes for a comprehensive deal on trade remain low at this stage.

US inflation

The last three readings of the core CPI have shown a steady march higher in inflation, raising the prospect that the Fed could have to walk back on its rate cut ambitions should higher inflation take hold. In the 12 months through August, the core CPI increased 2.4%, the most since July 2018, after climbing 2.2% in July.

Brexit marches closer

We cannot take our eyes off the political developments in the UK as the deadline for Brexit approaches on October. In the next few days we should expect MPs, the government and the EU do a merry dance as the clock ticks down to the key European Council meeting on Oct 17th. Uncertainty is the only certainty and the pound will remain highly exposed to headline risk.


The monthly UK GDP figures will be closely watched in the wake of the soft PMI readings last week, which showed that the economy is close to recession. Markets increasingly think that whatever the outcome on Brexit, the Bank of England will have to cut rates before it thinks about hiking.

Heads Up On Earnings

Earnings season make be over, but there are still a few companies publishing. Make a note of these dates:

Oct 8thLevi StraussQ3
Oct 8thYUM! Brands IncQ3
Oct 9thGVC HoldingsQ3

Watch the Week Ahead on XRay

There’s a lot going on this week, and we discuss the headlines in our XRay videos. Watch live or catch-up at a convenient time.

Don’t forget to email any questions you have and our hosts will try to answer them.

07.15 GMTOct 7thEuropean Morning Call
15.00 GMTOct 7thCharmer Trading talks Forex
15.45 GMTOct 8thAsset of the Day: Oil Outlook
13.00 GMTOct 9thAsset of the Day: Indices Insights
12.30 GMTOct 10thUS CPI LIVE
18.00 GMTOct 10thThe Stop Hunter’s Guide to Technical Analysis (Part 6)

Key Economic Events

There are quite a lot of data published this week. Here are the top events to put in your diary.

07.30 GMTOct 7thUK Halifax House Price Index
08.30 GMTOct 7thEZ Sentix Investor Confidence
00.30 GMTOct 8thNAB Business Confidence (Australia)
TentativeOct 8thChina Trade Balance
12.30 GMTOct 8thUS Core PPI
00.30 GMTOct 9thAustralia Westpac Consumer Sentiment
14.30 GMTOct 9thEIA Crude Oil Inventories
18.00 GMTOct 9thFOMC Meeting Minutes
08.30 GMTOct 10thUK GDP
12.30 GMTOct 10thUS CPI Inflation
12.30 GMTOct 11thCanada Employment Change

Latest news

Repeated warnings from Tokyo appear to support Japanese yen vs. strong USD

Friday, 12 April 2024


Japanese yen gains vs. USD as authorities repeat warnings

Dollar index soars to 5-month highs as investors eye ECB cuts in June

Friday, 12 April 2024


Dollar index soars on June ECB cut expectations, euro sinks

Gold prices are rallying on geopolitical concerns as the dollar

Friday, 12 April 2024


Uncertainty pushes gold price, dollar up on CB divergence

Copper prices scale 15-month highs as Citi points to bull market

Friday, 12 April 2024


Copper prices climb to 2024 high as Citi signals bull market

Live Chat