As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.
Also as a video:
https://youtube.com/shorts/nTIkjeQ1GYs?si=Q03PAjSQHlDGM7KJ
Monday:
The industrial data from the USA is unexpectedly poor. The PMI falls to 48.7 points after 49.1 points in September. Economists had expected an increase to 49.5 points.
Tuesday:
The fashion company $BOSS (+1,32%) HUGO BOSS recorded a 4% drop in sales in the third quarter. At the same time, EBIT stagnated at 95 million euros. By increasing efficiency, the company was able to maintain earnings despite the decline in sales. The company plans to achieve its annual targets for the 4th quarter with price increases. Annual sales are expected to fall slightly to 4.2 billion euros, compared to 4.3 billion euros in the previous year.
Thursday:
Similar to HUGO BOSS, the situation at $DHL (+0,44%) DHL. Sales are falling, but profits are actually rising. Sales fell by 2.3% to 20.1 billion euros in the third quarter. EBIT rose by 7.6% to 1.477 billion euros.
Friday:
The US shutdown is having a surprisingly negative impact on consumer sentiment in the US. The barometer of the University of Michigan fell to 50.3 points from 53.6 points.
These are the most important dates for the coming week:
Monday: 10:30 Sentix Investor Confidence (EUR)
Thursday: 14:30 Inflation data (USA)
Friday: 14:30 Producer prices (USA)
Can you think of any other dates?