On the U.S. economic calendar this week, we’ll get the latest figures on U.S. industrial production, capacity utilization, producer price inflation, and regional manufacturing, although some other key economic reports on retail sales and housing starts & building permits are likely to be delayed due to the government shutdown, which should continue to feature prominently.
Investors will also be paying close attention to speeches by a number of Federal Reserve Bank presidents this week. Overseas, we’ll get new figures on EU industrial production and inflation, along with Japanese data on machine orders, producer prices, and consumer prices. And then there’s the Brexit vote, which could lead to a rebound in the dollar against the major European currencies. Have a great week and don’t miss next week’s ISRI Market Report for a recap of the week’s key economic, trade, commodity, and scrap market highlights!
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