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What to watch

OUTLOOK
  • After last week's Fed and BOE meetings, focus will switch this week back to economic data. The major releases are set for the second half of the week with the highlight US CPI on Thursday. We will also receive UK monthly activity data for September (including a first print of Q3 GDP) on Friday and Michigan inflation expectations data on Friday.
  • Today will see the BoE's first medium-dated (7-20 year) active gilt sales operations in what is a heavy week for both gilt and EGB issuance in general.
  • In terms of today's speakers we will hear from both ECB's Lagarde and Panetta this morning at an EC/ECB conference on the digital euro (so unlikely to hear much if anything in terms of monpol). After the European session we will hear from the Fed's Mester and Collins on women in economics and after the US close we will hear from Barkin as he takes part in a "Demystifying Inflation" event aimed at the general public.

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