Third quarter earnings reports begin in earnest this week, while other likely market movers include release of the FOMC minutes, producer and consumer prices, and at week’s end Treasury reports on economic and exchange rate policies. The annual FPA conference begins to wind down before closing on Tuesday, and, oh yes, the political season is in high season as evidenced by the spate this week of televised candidates’ debates across the nation. Enjoy.
Monday, Oct. 11 is Columbus Day, a federal holiday, so the bond markets are closed, though the stock markets are open. The Chinese currency rose Monday following comments over the weekend at the IMF meeting in Washington by Zhou Xiaochuan, governor of China’s central bank, that the yuan could be allowed to appreciate if conditions were right
FPA Denver 2010 hits its stride as the FPA leadership holds a press conference on Monday and keynoter Ian Bremmer speaks about managing risk in an unstable world.
Prior on-site reporting from the annual FPA conference included articles on behavioral economist Dan Ariely, implementation of Dodd-Frank, and the opening general session where Tim Kochis was given the P. Kemp Fain Jr. award.
On Tuesday, Oct. 12, the Fed’s Open Market Committee releases minutes of its September meeting, while the FPA annual meeting’s 2,400 attendees head home.