What to Expect This Week

This week, in the United States, inflation is expected to remain in deflationary territory but rise slightly as the US economy picks up momentum. In addition, retail sales may surprise many investors to the upside.

In Europe, inflation is likely to weaken to 1.2 in the Euro Area and the ZEW survey may show some improvement in economic sentiment across Germany. In Asia, the Bank of Japan meets but we don't expect any changes to its current monetary policy. In the United Kingdom, unemployment rate is likely to rise further and inflation to remain low. In Canada, consumer prices are also expected to fall 0.1%. In Australia, business confidence is expected to improve. Finally, in New Zealand, third quarter GDP should fall nearly 1% from a previous year.

TradingEconomics.com, Bloomberg
10/11/2009 10:27:13 PM