US: Focus on GDP and core PCE deflator - BNZ

Analysts at BNZ suggest that US Q3 GDP is expected to be revised up to 3.2% from 3.0% (Wednesday).

Key Quotes

“Interest will then be in whether Thursday’s Core PCE deflator in the month ticks higher to 0.2% m/m in October from 0.1% m/m in September, and in the growth of US Manufacturing, the ISM index expected to be at a still punchy 58.3. Along with the appearances before Congress of Powell (Tuesday) and Chair Yellen’s testimony on Wednesday there are several other Fed speakers scheduled.”