Global equities ended lower last week, as resurgence in global coronavirus cases stoked worries about the pace of economic recovery.
UK Markets ended the week in negative territory, after Prime Minister Boris Johnson imposed another round of lockdown regulation.
UK’s retail sales grew for the fourth consecutive month in August.
The UK Rightmove house price index advanced in September.
The CBI distributive trade survey's retail sales balance grew at its fastest pace since April 2019 in September.
UK’s public sector net borrowing deficit widened to a record high level in August.
In the UK, the CBI balance of firms reporting total order book above normal unexpectedly dropped in September.
UK’s Markit manufacturing PMI dropped to a two-month low in September.
In the UK, the Markit services PMI fell more-than-expected in September.
European Markets ended the week on a negative footing, amid concerns over new lockdown restrictions due to rising COVID-19 cases.
Eurozone’s preliminary consumer confidence index improved in September.
In the Eurozone, seasonally adjusted current account surplus narrowed less than market anticipations in July.
Eurozone’s Markit manufacturing PMI rose more than market forecast in September.
In Germany, the Ifo business climate index advanced in September, recording its highest level since February.
Germany’s Markit manufacturing PMI rose more-than-expected in September.
Germany’s producer price index (PPI) dropped to its slowest pace in five months in August.
In Germany, the Ifo business expectations index climbed less than market forecast in September.
Germany’s Ifo current assessment index advanced less-than-expected in September.
In Germany, the GfK consumer confidence index unexpectedly fell in October.
European Central Bank (ECB) President, Christine Lagarde, in her speech, indicated that the central bank has room to add stimulus and can adapt its already expansive toolkit if the economy needs more help. She further added that economic data suggests a strong economic rebound in the third quarter; however, the strength of the recovery remains very uncertain, as well as uneven and incomplete.
US Markets ended the week mostly lower, as the inability of Congress to agree on additional fiscal stimulus raised fears about another hit to the domestic economy.
US Michigan consumer sentiment index advanced more than market consensus in September.
The leading indicator advanced in August.
In the US, existing home sales rose in August, recording its highest level since 2006.
New home sales increased in August, recording its highest level since December 2006.
The Kansas Fed manufacturing activity unexpectedly climbed in September.
US Richmond Fed manufacturing index advanced in September.
The Markit manufacturing PMI strengthened in September.
US initial jobless claims unexpectedly rose on a weekly basis in the week ended 18 September 2020.
Current account deficit widened in 2Q20.
Durable goods order advanced less-than-anticipated in August.
The Chicago Fed National Activity index dropped more than market anticipations in August.
Asian Markets ended in the red last week, tracking losses in their US counterparts.
Australia’s Commonwealth Bank manufacturing PMI unexpectedly rose in September.
In Australia, the Commonwealth Bank services PMI unexpectedly advanced in September.
Australia’s trade surplus widened in August.
In Australia, seasonally adjusted retail sales dropped in August.
Japan’s Jibun Bank manufacturing climbed in line with market expectations in September.