Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
With little U.S. data on the schedule Monday, the German IFO survey will be the highlight of the day.
IFO seen lower in October (0900 BST)
The Ifo business climate index is seen lower in October, falling to 97.9 from 98.8 previously, which will be the fourth consecutive monthly decline. September was lower as procurement and supply chain issues weighed on production and with those issues spreading into October there will be little respite for manufactures.
The expectations index is seen falling to 96.4, with current conditions falling to 99.4 from 100.4 previously.
BNB to dip from September levels (1400 BST)
The Belgian National Bank's business index is expected to fall to 3.5 in October, dipping from the 4 last month.
The only policymaker scheduled to speak Friday is BOE MPC member Silvana Tenreyro, who could offer some light to the current rate debate.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.