BRAZIL, RUSSIA, INDIA, CHINA AND SOUTH AFRICA - BRICS
Acronym which stands for the economies of Brazil, Russia, India, China, and South Africa. The Goldman Sachs created the acronym, sans South Africa, in its 2003 report. The report assumes these four economies will be the most prevalent by 2050. South Africa was added to the acronym in 2011, hence BRICS.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |
