THE WEEK AHEAD

The Reserve Bank's October rates decision will be closely watched, while retail sales and trade balance prints are also due.

It's a jam-packed week on the domestic front, with key data due out of the Reserve Bank of Australia, the Australian Bureau of Statistics and several private outlets.

The central bank will hand down its latest interest rates decision after the conclusion of its October board meeting.

The ABS will lift the lid on retail sales and the nation’s trade balance for August.

Offshore, all eyes will be on key manufacturing reads out of China and the latest information on American unemployment.

Reserve Bank of Australia

Two important data drops will come out of the Reserve Bank this week, with the latest read on the private sector, and of course the outcome of the October board meeting.

Monday will see the RBA unveil the latest read of private sector credit, as part of the monthly financial aggregates for September.

On Tuesday the Reserve Bank will hold its board meeting for October. The central bank is widely tipped to leave the official cash rate on hold at its historic low of 2.5 per cent.

Local data

On Monday, TD Securities will unveil its inflation gauge for September.

Tuesday will deliver the August read on retail trade, with economists expecting a lift of 0.4 per cent.

Elsewhere, the Australian Industry Group performance of manufacturing index for September will be released, alongside the RPData/Rismark house price index.

On Wednesday, the ABS will lift the lid on the nation’s trade balance for August, with forecasts centering on a deficit of $400 million.

Building approvals will also be released, with economists expecting a 3 per cent lift for the month.

Elsewhere, HIA’s new home sales for August will be unveiled.

On Thursday, the Australian Industry Group performance of services index for September will be released.

Corporate

A much more subdued week for scheduled company news as the earnings flurry comes to a conclusion.

Monday is the date payable for Aurizon Holdings and Bendigo Bank.

On Tuesday,  Coca-Cola Amatil pays its dividend.

Wednesday is the date payable for Caltex, and the date of record for Webjet.

And on Thursday, Commonwealth Bank of Australia pays its investor dividend.

Offshore

It's also a busy week offshore, with the several key reads on China’s manufacturing sector likely to impact on the local market, as well as the release of the September unemployment rate in the US.

On Monday the HSBC/Markit manufacturing purchasing managers’ index for September will be released out of China.

Tuesday sees the release of China’s official PMI out of the National Bureau of Statistics.

On Wednesday, construction spending for August is due out of the US with Bloomberg expecting a 0.4 per cent lift in the month.

Markit will also release its final September PMI reading for the US, while the nation’s total and domestic vehicle sales will also be unveiled.

The Institute of Supply Management will also release its September index for manufacturing.

Thursday will deliver China’s official non-manufacturing PMI for the month.

On Friday, HSBC/Markit will unveil the September read on services PMI in China, while in the US Bloomberg releases its survey of consumer comfort.

Factory orders for August are also due out of the US, with Bloomberg tipping a 0.5 per cent increase in the month.

Later on Friday, in what will likely be the biggest offshore event of the week, the US will lift the lid on its unemployment rate for September. Bloomberg is tipping the rate will hold steady at 7.3 per cent.

Wrapping up

On Tuesday Gabriela Ramos, OECD chief of staff and Sherpa to the G20 will deliver an address to a Committee for the Economic Development of Australia event in Canberra.

Wednesday will see ANZ chairman John Morschel take part in a NSW Directors Lunch for the Australian Institute of Company Directors in Sydney.

Also in Sydney, Rupert Myer, the chair of the Australian Council for the Arts, will address the Committee for the Economic Development of Australian function.

In Melbourne, Amazon Web Services principal architect Simon Elisha will hold a business briefing for the American Chamber of Commerce in Australia.

On Thursday, CEDA hosts a forum entitled ‘Transport infrastructure: productivity and efficiency’ in Brisbane. National infrastructure co-ordinator of Infrastructure Australia Michael Deegan and chief executive officer of Port of Brisbane Pty Ltd Russell Smith are among those slated to give addresses.

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