FXStreet (Guatemala) - Analysts at Westpac Banking Corporation explained the key events coming out of Europe and the US.
Key Quotes:
"Consensus for the German Oct IFO business climate is 107.8, down from 108.5 in Sep. The ZEW survey missed the median forecast by a large margin as worries about Volkswagen weighed on sentiment. Industrial production was also weak."
"In the US, Sep new home sales should show activity (-1.3% m/m expected) lagging sentiment."
"The Oct Dallas Fed manufacturing survey should show the sector facing headwinds from the soft trade environment."
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