Reply To: Traders Market Weekly: Bull or Bear Trap Ahead of the Fed?


Germany’s ifo Institute warned about a high risk of a winter recession in Germany in its October report.
UBS and SAP reported better than expected results for Q3.
The eurozone bank lending survey for Q3 noted a tightening of credit standards with additional tightening and falling demand expected in Q4.
Germany’s October ifo Business Climate Index 84.3 (expected 83.3; last 84.4). October Current Assessment 94.1 (expected 92.4; last 94.5) and Business Expectations 75.6 (expected 75.0; last 75.3)
U.K.’s October CBI Industrial Trends Orders -4 (expected -12; last -2)
Spain’s September PPI 35.6% yr/yr (last 42.9%)