On Monday, CommSec releases its quarterly State of the States report – an economic performance report of state and territory economies.

On Tuesday

The regular weekly reading on consumer confidence is published by ANZ and Roy Morgan. And the Australian Bureau of Statistics (ABS) releases building approval data for September. 
 And the Reserve Bank Assistant Governor Michele Bullock, will speak at the Commonwealth Bank Global Markets Conference.

On Wednesday

The ABS releases the quarterly Consumer Price Index — the man measure of inflation in the economy. At this stage, we expect that prices rose by 0.3% in the September quarter, causing the annual inflation rate to ease from 2.1% to 1.8%. The “underlying” annual inflation rate may print near 1.9%. Petrol prices rose by 1.5% in the quarter after a 6.9% increase in the June quarter. And the Reserve Bank releases the September private sector credit figures (effectively the value of outstanding loans).

On Thursday

A bevy of indicators are released. CoreLogic releases its latest data on home prices. Home prices may have fallen around 0.5% in the month, with Melbourne prices down 0.7%. 
And the ABS releases data on international trade (exports and imports) as well as data on export and import prices. Also both AiGroup and CBA will issue latest survey results of purchasing managers in the manufacturing sector.

And on Friday.

The ABS will release the September quarter readings on business inflation (Producer Price 
Indexes) as well as retail trade data for both September and the September quarter.

What’s happening in the US?

In the US next week, the focus will be the latest US jobs report on Friday. But there will be indicators covering inflation, manufacturing activity, home prices and auto sales. The Chinese purchasing manager survey results are issued Tuesday and Wednesday.

On Monday

In the US, the September data on personal income and spending are released. But other features of the data are the inflation measures – especially the core personal consumption deflator (excludes food and energy prices). The core PCE deflator is the Federal Reserve’s preferred inflation measure.

On Tuesday

In the US, the S&P/Case Shiller measure of home prices is released together with consumer confidence and the regular weekly chain store sales figures.

On Wednesday

In the US, ADP releases its October report on private sector employment, derived from payroll records. Analysts expect that payrolls rose by around 200,000 in the month. 
Also in the US, the quarterly employment cost index is released together with the regular weekly data on mortgage applications.

On Thursday in the US, the ISM manufacturing index for October is released with data on construction spending, new auto sales and the usual weekly data on claims for unemployment insurance (forward indicator of the job market).

On Friday in the US is the highlight of the week’s reports – the non-farm payrolls or employment report. And it is clear that analysts will scrutinise all the key components. Employment may have lifted by around 180,000, continuing the run of strong job gains. The unemployment rate may have held at a 48-year low of 3.7%. And wages may have lifted 0.3 per cent to keep annual wage growth near 2.8%. 
Also on Friday in the US is data on international trade and factory orders. Analysts expect that the trade deficit narrowed from US$53.2 billion to US452.4 billion in September.

In China

The National Bureau of Statistics releases the “official” purchasing manager survey results for manufacturing and services on Wednesday. The private sector Caixin manufacturing survey data is on Thursday.

Financial markets

Another big week of earnings reports lays ahead. Companies expected to report earnings this week include:

On Tuesday: Baker Hughes, Coca-Cola, General Electric, Pfizer, Ebay, Facebook. 

On Wednesday: General Motors, Yum! Brands, T esla.

On Thursday: DowDupont and Apple. 

On Friday: Chevron and Exxon Mobil.