By Caroline Grady 23-10-2020

Key Events: Week Of 26 October

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Thursday’s ECB meeting is expected to bring a strong commitment to do more given the renewed wave of COVID cases and increasingly tight restrictions across Europe. The BoJ is expected to leave policy on hold, as is Brazil.

Data

Q3 GDP releases will be the highlight of the week with the US on Thursday and European releases on Friday. Sharp rebounds are expected but this will not capture the tightening of restrictions over the past month, particularly for Eur
ope. The German IFO survey earlier in the week will give a timelier reading on the economy, as will claims data in the US. Europe will release flash inflation data for October at the end of the week and the US will have core PCE for September.

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