Seeking Alpha

Interactive Brokers - Europe: The Week Ahead

by: Interactive Brokers
Interactive Brokers
Macro, bonds, research analyst, portfolio strategy

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.

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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.