The focus next week will be the pilitical turmoil caused by the sudden hospitalisation of Donald Trump when he contracted COVID-19. Traders will be left guessing on developments over the US presidential election. There could be some clues when Mike Pence and Kamala Harris go head-to-head in the vice-presidential debate.
On the economic front, the Federal Open Market Committee meeting minutes will be pored over for clues about how long US interest rates could be kept on hold.
China will report purchasing managers’ indices that could suggest the services sector continued to expand in September. It would be the fifth successive month of expansion.
Eurozone retail sales could have expanded again in August. But the recovery could be anaemic. In July, they missed market expectations of 3.5% year-on-year growth and grew just 0.4%.
The Reserve Bank of Australia will announce its latest interest-rate decision. The central bank is expected to keep the cash rate unchanged at a record low of 0.25%....