Business World

Saturday 25 March 2017

China to report on third-quarter GDP

China will report on third-quarter GDP as investors watch to see whether the economy has stabilised.
China will report on third-quarter GDP as investors watch to see whether the economy has stabilised.

The third and final US presidential debate is likely to dominate the international headlines this week, but there are other notable markings also.

China will report on third-quarter GDP as investors watch to see whether the economy has stabilised.

The US cost of living probably increased more in September than a month earlier, signalling that inflation continues to grind its way toward the Federal Reserve's goal, economists project a jobs Department report will show.

Figures on beginning home construction, industrial output and sales of previously owned properties also highlight a relatively light week for US economic data.

The European Central Bank meets to review monetary policy and stimulus programmes as President Mario Draghi keeps fighting against the region's stubbornly low inflation rates.

And earnings season continues for major US banks led by Goldman Sachs, Morgan Stanley, BlackRock and US Bancorp. Microsoft, General Electric, Daimler, and Intel also report.

Closer to home, Enterprise Ireland and the IDA will attend an Oireachtas Committee to discuss with TDs and Senators the likely impact of June's Brexit vote, while the UK House of Lords Committee looking at the impact of the vote on Ireland will sit in Belfast and Dublin today and tomorrow.

Irish Independent

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