-
Drivers in the Week Ahead
This will be an eventful week. The highlights include four central banks meetings (Reserve Bank of New Zealand, the Bank of Canada, Sweden's Riksbank and the Federal Reserve). The first estimate UK and US Q3 GDP will be released, while the euro area flash October PMI will be reported alongside Germany's IFO. The RBNZ and the BoC are likely to soften their stances, even though the chances of a outright policy shift are slim to none. The fact that the Federal Reserve had previously announced an open-ended MBS purchase plan and the proximity of the election means the FOMC is on the sideline. That leaves Sweden's ... (full story)