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All eyes on Japanese Q3 GDP on Monday – Investec

FXStreet (Barcelona) - The Research Team at Investec share the crucial releases of the weak ahead.

Key Quotes

“Soon after, Japanese Q3 GDP is published on Monday. The economy’s performance following the 1.8% contraction in Q2 will be an important ingredient to the government's decision on whether to postpone the second stage of the sales tax hike next year and indeed whether to call a snap election for next month.”

“In the Euro area, the key piece of information will be ‘flash’ PMI estimates for November on Thursday. October’s composite index showed a surprising though welcome increase. Note too that the ECB Governing Council holds a ‘non-rate’ meeting on Wednesday. This could give the go-ahead for the launch of the ECB’s ABS purchase scheme.”

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