Manufacturing in focus to kick off the US week

One data surprise already

Today's terrible German retail sales report already has economists buzzing and it's a big week for economic data and (even moreso) for central banks, starting with the RBA in about 12 hours.

For North American trade, it starts with Canadian October manufacturing data from Markit at 9:30 am ET followed by the final US report 15 minutes later. Those aren't likely to be market movers.

At 10 am ET, he Sept construction spending report is due.

At 11 am ET, the ISM manufacturing report is up (shown above) and the focus will be on prices paid, which were at an extremely elevated 81.2 in September.

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November 02, 2021 at 12:51AM
Adam Button
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