Market Thinking: The Unstoppable Dollar

While the Fed meeting will be the biggest event in financial markets next week, the regional focus will also be on the expected rate hike from the Bank of England, And so is the central bank of Japan. On Friday, Asian stocks softened on a poor economic assessment and despite data showing China’s economy was surprisingly resilient as factory output grew faster than expected. Retail sales rose at their fastest pace in six months. Investors appear to be more concerned about a deepening housing recession in the world’s second-largest economy. Meanwhile, the countdown to what could be one of the biggest IPOs in the world has begun. Volkswagen (ETR:

VOWG_p)’s supervisory board will meet on Sunday to advance the IPO of its Porsche brand.

USD zoom https://fingfx.thomsonreuters.com/gfx/mkt/dwpkrxywavm/Two.PNG 94 Major developments that may affect the market on Friday: Economic data: Eurozone CPI final value in August

Speaker: ECB President Christine Laga François Villeroy de Garau, President of the Bank of Germany and France; Philippe Lane, Chief Economist of the European Central Bank

University of Michigan Index