Market movers today
Key focus in European markets continues to be on Italy and the ongoing budget fight with the EU.
The UK and the EU are likely to negotiate heavily on Brexit in the coming week, ahead of the EU Summit on 18-19 October.
On the data front, today we will get German industrial production for August. Production has been weak in recent months, and a further decline in factory orders data on Friday points to continued headwinds to in production, as the car sector has been hit by new emission test procedures in Q3.
In the US, Fed member James Bullard (non-voter, dove) is set to speak.
In the Scandie markets, it is time for the Norwegian budget for 2019 (see next page).
Later this week, key data will be US inflation data, Chinese trade numbers and Swedish inflation.
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