EPS 121 | The week ahead

The key economic release this week will be the October inflation report in the US. Due Tuesday, the headline consumer price index is expected to slow further, although core inflation is forecast to remain stubbornly high. Markets will also be watching US retail sales on Wednesday. Politics will also be in the spotlight, ahead of Friday's deadline for US Congress to avert a government shutdown as well as the APEC economic leaders' week in San Francisco continuing throughout the week. US President Joe Biden and Chinese President Xi Jinping are expected to meet on Wednesday, amidst a deteriorating relationship between the world's two biggest economies. Locally, we'll get the October housing report from the Real Estate Institute, as well as the latest migration figures. Earnings releases will be forthcoming from Napier Port, Serko and Infratil, while Precinct Properties, Contact Energy and a2 Milk will be among those holding annual meetings.