Week of October 1-5
The week before Canadian Thanksgiving and Columbus Day in the US, this week has many important events.
Canada
- NAFTA’s replacement, USMCA negotiations are concluded successfully
- The Quebec Provincial Election (The CAQ take 74 of the 125 seats, with 37% of the popular vote to claim majority win. The Liberals are soundly defeated).
- RBC Manufacturing PMI (54.8 vs 56.8 forecast)
- Unemployment Rate (6% forecast) – Friday 8:30am
US
- Justice Brett Kavanagh confirmation process continues
- First week of the fourth quarter
- NAFTA’s replacement, USMCA negotiations are concluded successfully
- Tesla & GE
- President Trump’s story (self-made man) has been outed (again) as a Fraud
- ISM Non-Manufacturing PMI (57 forecast) – Wednesday 10:00am
- Continuing Jobless Claims (1651K forecast) – Thursday 8:30am
- Non-Farm Payrolls(195K forecast) – Friday 8:30am
- Unemployment Rate (3.9% forecast) – Friday 8:30am
International
- Italy budget
- Brexit Negotiations
- Indonesia Volcano
- Greek banks hit after balance sheet concerns (re)surface
