Seeking Alpha

Interactive Brokers - Europe: The Week Ahead

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Includes: ENOR, EWG, EWGS, NORW, RSX, SPY, TUR, VGK
by: Interactive Brokers
Interactive Brokers
Macro, bonds, research analyst, portfolio strategy
Summary

Several central banks will make monetary policy decisions in the week ahead, including the ECB, Norway, Russia, and Turkey.

Economic releases will also provide updates on Euro area consumer confidence, as well as German manufacturing.

In September, Germany suffered a slowdown in its manufacturing sector – subdued by the steepest drop in new export orders in over five years.

IHS Markit economist Phil Smith blamed the impact on escalating US-China trade tensions, uncertainty surrounding Brexit negotiations, as well as Turkey's currency crisis.

Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the European region in the week beginning October 22.

Note: This material was originally published on IBKR Traders' Insight on October 22, 2018.

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IB to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Business relationship disclosure: I am receiving compensation from my employer to produce this material.