Risk appetite rises on massive new stimulus plan from China |
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Rally in risk may not last for long. Economic calendar focus this week on German Q3 growth and October US Retail Sales report. MAJOR HEADLINES – PREVIOUS SESSION Japan Sep. Machine Orders dropped -4.2% vs. -5.3% expected Australia Sep. Home Loans fell -2.7% MoM vs. -2.8% expected China Oct. PPI rose 6.6% vs. 8.0% expected Switzerland Oct. SECO Consumer Climate out at -27 vs. -25 expected and -17 in Sep. THEMES TO WATCH – UPCOMING SESSION Events Today: Norway Oct. CPI and Producer Prices (0900)
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