Market Movers ahead
Market jitters mean less focus on economic data and more on central bank signals.
PMI figures for the eurozone are expected to be weak and thus further stoke fears of a global slowdown.
Chinese data is expected to show a pick-up in industrial production but falls for both GDP growth and PMI.
Interest rate meeting in Norges Bank is unlikely to produce a rate change but will afford the central bank an opportunity to assess market turmoil and the weakening of the NOK.
Global macro and market themes
Weak retail sales in the US caused concerns about the global economy to increase and triggered significant declines in equity, oil and other risk asset prices.
Even if the market corrects in the short term, there will still be a significant risk of further turmoil.
Inflation in Sweden has been much lower than the Riksbank expected in September, which probably means a further rate cut later this month.
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