Israel’s inflation on Tuesday is likely to stay below the central bank’s target range of 1% to 3%, showing why a rate cut to near zero is in the cards. A financial crisis may be looming in Lebanon as pressure on the currency peg mounts and investors increasingly ask how long the government can continue to repay its debts. In Ghana, September inflation data will be out on Wednesday.
Latin America
Argentina’s government will start publishing a final round of key economic indicators before the Oct. 27 presidential election. September consumer price figures are due on Wednesday, and economists surveyed by the central bank expect a month-on-month jump of 5.8%, which would be the biggest in a year. A delegation of Argentine officials will head to Washington for the IMF meetings. Tensions have risen between them and the lender since they signed a record $56 billion credit deal in 2018.
Asia
Central banks in two bellwether trade economies -- Singapore and South Korea -- will announce monetary policy decisions this week, with both likely to ease as growth outlooks worsen. Singapore output data on Monday will likely show the economy narrowly missed a recession, enabling central bankers to take a gradual approach to policy easing.
A raft of data out of China will likely show an economy that’s hurting: GDP growth probably slowed further in the third quarter, exports continued to contract and producer prices are deflating again. In Hong Kong, Chief Executive Carrie Lam will set out her economic policy objectives in a key speech, coming against the backdrop of a worsening political crisis and deepening economic slump.
This article provided by Bloomberg News.