Money Minute Monday 7 October: economic data in the week ahead
In today's Money Minute we look forward to data on UK house prices, Japanese wages and the German economy.
Good morning and welcome to Monday's Money Minute, where we look ahead to this week's biggest financial stories.
In the UK later this morning, we'll get the latest on house prices from Halifax.The most recent update from rival lender Nationwide suggested that house price growth had slowed further in September.
On Tuesday in the US, Federal Reserve chairman Jerome Powell speaks to the National Association for Business Economics.His speech will be pored over for hints as to what the Fed might do at its next interest rate setting meeting at the end of this month.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Over in Japan on Tuesday, we get the latest update on wage inflation. Wages have been grown strongly in Japan recently, at least compared to overall inflation.
The week also holds a slew of data from Germany, the eurozone's biggest economy.On Monday we get factory orders for August, and then on Tuesday, we get industrial production figures.The German manufacturing sector is clearly in a downturn, and the latest data is unlikely to show any hint of an upturn.
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published