{"id":9673,"date":"2024-10-21T06:15:07","date_gmt":"2024-10-21T06:15:07","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=9673"},"modified":"2024-10-21T06:15:08","modified_gmt":"2024-10-21T06:15:08","slug":"weekly-overview-2024-10-21","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2024-10-21\/","title":{"rendered":"Week’s main events (October 21 \u2013 October 25)"},"content":{"rendered":"\r\n
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Week’s main events (October 21 \u2013 October 25)<\/h1>\r\n
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This week will be less eventful than previous weeks. On Monday, the People Bank of China (PBoC) will hold a meeting, where the interest rate is expected to be lowered. Also on Monday, we will have the annual meeting of the International Monetary Fund. On Wednesday, the Bank of Canada (BoC) will hold its monetary policy meeting. Economists expect a double rate cut of 0.5% due to weak economic data and declining inflation. On Thursday, traders will evaluate data on business activity in key economies, while on Friday, investors’ attention will be directed to inflation data in the capital of Japan, as well as the report on retail sales in Canada. Also, traders shouldn\u2019t forget that the US reporting season has started and Tesla (TSLA), Coca-Cola (KO), T-Mobile (TMUS), Boeing (BA), and semiconductor companies will report this week.<\/p>\r\n

Monday, October 21<\/div>\r\n
On Monday, the world’s central bank governors and finance ministers will gather in Washington for the annual meeting of the International Monetary Fund and the World Bank to discuss how countries can cope with low growth and high debt levels. That could affect medium- to long-term trends. Investors’ attention will also be directed to China’s central bank meeting. The PBoC is expected to cut rates on both 1-year and 5-year loans to stimulate the economy further. This may boost Asian indices, especially CHA50 and HK50, and indirectly, Australian AU200.<\/div>\r\n
Main events of the day:<\/div>\r\n