Reply To: Traders Market Weekly: Inflation Obsession in Worsening Liquidity

#45091
Truman
Participant

Final September Services PMI readings for major regional economies were mostly weaker than expected.
European Commission President von der Leyen announced that an agreement has been reached on the eighth package of sanctions on Russia.
Tesco warned that its profit for the full year will be toward the low end of its guidance.
The Bank of England has bought less than GBP4 bln worth of bonds over the past week.
Eurozone’s September Services PMI 48.8 (expected 48.9; last 48.9)
Germany’s August trade surplus EUR1.20 bln (expected surplus of EUR4.00 bln; last surplus of EUR3.40 bln). August Imports 3.4% m/m (expected 1.1%; last 0.1%) and Exports 1.6% m/m (expected 1.1%; last -1.6%). September Services PMI 45.0 (expected 45.4; last 46.9)
U.K.’s September Services PMI 50.0 (expected 49.2; last 50.9)
France’s August Industrial Production 2.4% m/m (expected -0.3%; last -1.6%) and September Services PMI 52.9 (expected 53.0; last 51.2)
Italy’s September Services PMI 48.8 (expected 49.1; last 50.5). Q2 Public Debt 3.1% (last 9.0%)
Spain’s September Services PMI 48.5 (expected 49.8; last 50.6)