[IFX Yvonne View Member Profile]

YEN FALLS AHEAD OF BOJ RATE DECISION



At 11:00 pm ET in the early Asian session on Friday, the Bank of Japan is set to announce its monetary policy decision.

Ahead of the BOJ rate decision, the yen fell against its major rivals.

As of 10:55 am pm ET, the yen was trading at 157.69 against the euro, 181.87 against the pound, 148.07 against the U.S. dollar, and 163.70 against the Swiss franc.

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[IFX Gertrude View Member Profile]

EUROPEAN ECONOMIC NEWS PREVIEW: GERMANY BUSINESS CONFIDENCE DATA DUE



Business confidence data from Germany is the only major report due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, Spain's INE releases producer prices data for August. Prices had declined 8.4 percent annually in July.

In the meantime, business and consumer sentiment survey data is due from the Czech Republic.

At 4.00 am ET, the ifo Institute publishes Germany's business sentiment survey results for September. The confidence index is seen falling to 85.2 from 85.7 in August.

At 9.00 am ET, European Central Bank President Christine Lagarde is set to give introductory statement at the Hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels.

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[IFX Gertrude View Member Profile]

EUROPEAN ECONOMIC NEWS PREVIEW: GERMANY BUSINESS CONFIDENCE DATA DUE



Business confidence data from Germany is the only major report due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, Spain's INE releases producer prices data for August. Prices had declined 8.4 percent annually in July.

In the meantime, business and consumer sentiment survey data is due from the Czech Republic.

At 4.00 am ET, the ifo Institute publishes Germany's business sentiment survey results for September. The confidence index is seen falling to 85.2 from 85.7 in August.

At 9.00 am ET, European Central Bank President Christine Lagarde is set to give introductory statement at the Hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels.

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[IFX Gertrude View Member Profile]

SOUTH KOREA CONSUMER CONFIDENCE WEAKENS TO 4-MONTH LOW



South Korea's consumer sentiment weakened in September to the lowest level in four months, as households' current and future living conditions worsened, survey results from the Bank of Korea showed on Tuesday.

The consumer confidence index fell to 99.7 in September from 103.1 in August.

This was the lowest reading since May 2022, when it was 98.0.

The consumer confidence survey was conducted between September 11 and 18, among 2,500 households.

The sub-index for households' assessment of the prospective living standards dropped to 92 from 95, and the measure for the current living standards dropped to 89 from 91.

Similarly, the index measuring consumers' prospective household income decreased to 99 to 100 in July.

South Koreans were less pessimistic about their job prospects and the relevant index dropped to 74.0 from 84.

Their interest rate expectations remained stable in September, and the measure came in at 99.0.

The expected inflation rate for the upcoming year was 4.1 percent versus 4.2 percent in August.

Households' expectations for the domestic economic conditions in the future weakened from 72 to 66.0.

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[IFX Gertrude View Member Profile]

EUROPEAN ECONOMIC NEWS PREVIEW: GERMAN GFK CONSUMER SENTIMENT DATA DUE



Consumer confidence from Germany and France are the top economic data due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer sentiment survey results. Economists forecast the forward-looking consumer confidence index to remain unchanged at -25.5 in October.

In the meantime, unemployment from Norway and foreign trade data from Sweden are due. At 2.45 am ET, France's statistical office INSEE publishes consumer confidence survey data. Economists forecast the consumer sentiment index to fall to 84 in September from 85 in the previous month.

At 3.00 am ET, the National Institute of Economic Research releases Sweden's economic tendency survey results for September.

At 4.00 am ET, the European Central Bank is set to release euro area monetary aggregates for August. M3 money supply is forecast to fall 1.0 percent annually after a 0.4 percent drop in July.

Also, manufacturing Purchasing Managers' survey results are due from Austria.

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