Economic agenda for October 17, 2024

Central banks

B.C.E.

• communication Monetary policy decisions (2.15 pm). Interest rates are expected to be cut by 25 basis points; The interest rate on major refinancing operations should fall to 3.4%, while the interest rate on deposits should be raised to 3.25%.
• Christine Lagarde press conference Commentary on monetary policy decisions (2:45 pm).
• Speech by Christine Lagarde (raw 16.15).

Italian Stock Exchange

Board of Directors to examine the financial statements

Conference call to comment on the financial statements

Oba

• A voluntary public takeover (OPA) offer promoted by Saldeep for the shares is underway Salsif Group. The process will end on November 8, 2024.
• A voluntary public purchase offer (OPA) promoted by FNAC Darty and RUBY Equity for the shares is underway. Onyoro. The process will end on October 25, 2024.
• An obligatory public purchase offer (OPA) promoted by Gemini BidCo for the shares is underway Relatek. The process will end on October 25, 2024.
• An overall public purchase offer (OPA) promoted by Tinexta Defense for the shares is underway Defense Technical Holding Company. The process will end on November 7, 2024.

Offering government bonds

Spain

• version Government bonds maturing in 2031, 2034 and 2048. The amount ranges between 4.5 and 5.5 billion euros.

France

• version Government bonds maturing in 2027, 2028, 2029 and 2030. The amount ranges between 10 and 12 billion euros.

Quarterly

Europe

• EssilorLuxottica (France, Q3 2024 – Revenue)

US

• Blackstone Group (Q3 2024 – Wall Street pre-opening release)
• Netflix (Q3 2024 – Wall Street pre-opening release)

Macroeconomics

Italy

• Trade balance (Total) in August 2024 (11.00 AM). Consensus: €5.6 billion.

Europe

• index Consumer prices (Final) in September 2024 (11.00 AM). Consensus: -0.1% mo/m; +1.8% YoY (preliminary).
• index Consumer prices (Main and Final) in September 2024 (11.00 AM). Consensus: +2.7% YoY (preliminary).

Japan

• Trade balance In September 2024 (01.50 AM). Consensus: -237.5 billion yen.

US

• Retail sales In September 2024 (2.30pm). Consensus: +0.3% mo/m.
• Retail sales (Excluding the automotive sector) in September 2024 (2.30 pm). Consensus: +0.1% mo/m.
• index Federal Reserve Bank of Philadelphia In October 2024 (2.30pm). Consensus: 3.5.
• Weekly orders for Unemployment benefits (raw 14.30). Consensus: 250 miles.
• Use of production capacity In September 2024 (3.15pm). Consensus: 77.8%.
• Industrial production In September 2024 (3.15pm). Consensus: -0.1% m/m.
• Business inventories Until August 2024 (16.00). Consensus: +0.3% mo/m.
• Weekly supplies of Petroleum (raw 16.30).