{"id":30759,"date":"2022-10-17T03:41:28","date_gmt":"2022-10-17T03:41:28","guid":{"rendered":"https:\/\/errante.com\/?p=30759"},"modified":"2022-10-24T07:21:07","modified_gmt":"2022-10-24T07:21:07","slug":"the-week-ahead-17th-21st-october-2022","status":"publish","type":"post","link":"https:\/\/errante.com\/newsroom\/the-week-ahead-17th-21st-october-2022\/","title":{"rendered":"The Week Ahead: 17th – 21st October 2022"},"content":{"rendered":"\n
U.S. earnings season gets underway against a background of worries that the Federal Reserve\u2019s aggressive rate hike campaign could tip the economy into a recession. Investors will get an update on the U.S. housing market where the increase in borrowing costs has already led to cooling demand. Appearances by several Fed officials are also on the agenda. In the U.K., Jeremy Hunt will his first full week as Chancellor after Prime Minister Liz Truss was forced to fire his predecessor. Elsewhere, third quarter economic data out of China is likely to underline the challenges facing the world\u2019s number two economy, while in Japan the yen is back on intervention watch.<\/p>\n\n\n\n
China\u2019s key economic data this week will likely show a fragile recovery as stringent Covid policies, and a property-market slump continues to batter consumer and business confidence.<\/p>\n\n\n\n
European Union leaders meeting at the end of this week will explore a range of options for gas price caps, over which they have been divided for weeks, according to a new draft of conclusions for the Oct. 20-21 summit seen by Reuters.<\/p>\n\n\n\n
The EU’s 27 countries have been deadlocked for weeks over whether and how to cap gas prices as part of efforts to tame soaring energy prices, as Europe heads into a winter of scarce Russian gas, a cost-of-living crisis, and a possible recession.<\/p>\n\n\n\n
EU ambassadors will hold an extraordinary meeting in Luxembourg late on Monday to discuss the matter.<\/p>\n\n\n\n
Have your trading charts ready!<\/strong><\/p>\n\n\n\n The times below are GMT +3.<\/p>\n\n\n\n Monday 17th<\/sup> October<\/strong><\/p>\n\n\n\n Potential instruments to Trade: USD Crosses. <\/p>\n\n\n\n Tuesday 18th<\/sup> October<\/strong><\/p>\n\n\n\n Potential instruments to Trade: NZD Crosses. <\/p>\n\n\n\n Potential instruments to Trade: AUD Crosses. <\/p>\n\n\n\n Potential instruments to Trade: CNY Crosses. <\/p>\n\n\n\n Wednesday 20th<\/sup> October<\/strong><\/p>\n\n\n\n Potential instruments to Trade: GBP Crosses. <\/p>\n\n\n\n Potential instruments to Trade: CAD Crosses. <\/p>\n\n\n\n Thursday 21st<\/sup> October<\/strong><\/p>\n\n\n\n Potential instruments to Trade: AUD Crosses. <\/p>\n\n\n\n Potential instruments to Trade: USD Crosses. <\/p>\n\n\n\n Potential instruments to Trade: USD Crosses. <\/p>\n\n\n\n Friday 22nd<\/sup> October<\/strong><\/p>\n\n\n\n Potential instruments to Trade: EUR Crosses. <\/p>\n\n\n\n Potential instruments to Trade: GBP Crosses. <\/p>\n\n\n\n Potential instruments to Trade: USD Crosses. <\/p>\n\n\n\n Potential instruments to Trade: USD Crosses. <\/p>\n\n\n\n If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email support@errante.com<\/a>.<\/p>\n\n\n\n We are Errante. Trading made personal<\/strong>.<\/p>\n\n\n\n Errante is regulated by the Seychelles Financial Services Authority (FSA) under license number [SD038<\/a>].<\/p>\n\n\n\nThis Week\u2019s High-Impact Events<\/strong><\/h2>\n\n\n\n