US 0730 ET Oct Challenger job cuts, Sep +185.9% y/y.
0830 ET Weekly initial unemployment claims expected -16,000 to 735,000, previous -40,000 to 751,000. Weekly continuing claims expected -556,000 to 7.200 million, previous -709,000 to 7.756 million.
0830 ET Q3 nonfarm productivity expected +5.6%, Q2 +10.1% q/q. Q3 unit labor costs expected -11.0%, Q2 +9.0% q/q.
1400 ET FOMC announces interest rate decision; funds rate target expected unchanged at 0.00%/0.25%; QE expected unchanged at $120 billion per month.
1430 ET Fed Chair Jerome Powell hold post-FOMC meeting press conference.
GERMANY 0200 ET German Sep factory orders expected +2.0% m/m and -1.2% y/y, Aug +4.5% m/m and -2.2% y/y.
0330 ET German Oct Markit construction PMI, Sep -2.5 to 45.5.
UK 0400 ET UK Oct new car registrations, Sep -4.4% y/y.
0430 ET UK Oct Markit/CIPS construction PMI expected -1.8 to 55.0, Sep +2.2 to 56.8.
0700 ET BOE announces interest rate decision and asset purchase target, expected no change to 0.100% benchmark rate but asset purchases increased by +100 billion pounds to 845 billion pounds.
EUR 0500 ET Eurozone Sep retail sales expected -1.5% m/m and +2.8% y/y, Aug +4.4% m/m and +3.7% y/y.
0500 ET EU Commission releases economic forecasts.
0640 ET ECB Vice President Luis de Guindos speaks at an online event organized by the Delphi Economic Forum.
JAPAN 1830 ET Japan Sep household spending expected -10.5% y/y, Aug -6.9% y/y.
1830 ET Japan Sep labor cash earnings expected -1.1% y/y, Aug -1.3% y/y. Sep real cash earnings expected -1.2% y/y, Aug -1.4% y/y.
