The US will report its latest inflation numbers. The core inflation rate is expected to be unchanged at 2.2% but the headline rate could have crept up to 1.9%. Meanwhile, retail sales growth for August could have slipped from 3.4% to 3.2% year on year.
China will also report its latest inflation. It is expected to show that consumer prices rose 2.6% in August, which would be slightly slower that the 2.8% in July.
The damage caused by Brexit will be on show when the UK reports its economic growth rate for July. The economy is only expected to have expanded 0.8% compared to 1% the previous month. The growth rate in June was the weakest annual growth rate since August 2013.
The European Central Bank will announce its latest interest-rate decision. It is not expected to budge from its zero-rate policy. But it could announce new stimulus measures to boost an ailing economy.
The Malaysian central bank will announce its latest interest-rate decision, too. After cutting its overnight policy rate by 0.25% in May, Bank Negara Malaysia kept interest rates on hold in July. It is expected to sit on its hands again this time.
Elsewhere Malaysia, is expected to say that retail sales grew 6.4% in July, which would be slightly slower than the 7.7% in the previous month. In June, sales growth slowed for food, beverage and tobacco.
And finally, Singapore could say that retail sales growth rebounded from a 2.2% drop in June to a rise of 0.4% in July.
The Motley Fool’s purpose is to help the world invest, better. Click here now for your FREE subscription to Take Stock — Singapore, The Motley Fool’s free investing newsletter. Written by David Kuo, Take Stock — Singapore tells you exactly what’s happening in today’s markets, and shows how you can GROW your wealth in the years ahead.
Like us on Facebook to keep up to date with our latest news and articles. The Motley Fool’s purpose is to help the world invest, better.
The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.