Forex and other markets news
Week Ahead News Outlook / 10.10.2022 - 16.10.2022
Week Ahead News Outlook / 10.10.2022 - 16.10.2022
Tuesday, October 11
U.K. Claimant Count Change (Sep)
In August, the number of people applying for unemployment benefits in the U.K. increased by 6.3K , the first increase since February 2021. This may affect the unemployment rate, which will be published on the same day. It is expected to grow to 3.8%.
Wednesday, October 12
U.K. Manufacturing Production MoM
The volume of industrial production in the U.K. increased by 0.1% in July 2022. The production of machinery and equipment has recovered, and there is also growth in the field of woodworking, paper products and printing. At the same time, the volume of computer, electronic and optical products, as well as transport equipment, decreased.
U.S. Producer Price Index (PPI) MoM
The U.S. producer price index rose by 0.1% in August. At the same time, gasoline prices have decreased as well as diesel fuel, jet fuel, chicken eggs, basic organic chemicals and heating oil for home heating.
Thursday, October 13
U.S. Core Consumer Price Index (CPI) MoM
Core consumer price index or Core CPI is the main macroeconomic inflation index, which is a kind of CPI index. Unlike a simple consumer price index, the Core consumer price index shows the change in prices for goods and services in the consumer basket, excluding food and energy.
U.S. Consumer Price Index (CPI) YoY
This is one of the most important news of the week. The annual inflation rate in the U.S. fell to 8.3% in August, the lowest level in 4 months. There has been a smaller increase in gasoline and fuel oil prices, while inflation has accelerated for natural gas, electricity, food, housing and used cars and trucks. Traders will closely monitor the data from this publication to understand the impact of the Fed's rate hike.