The upcoming week is going to be a busy one with lots of important data, decisions, and earnings reports that could impact the markets. Here’s a breakdown of what to expect each day:
On Monday, October 28th, we will see US data on Dallas Fed manufacturing activity, the UK Lloyds Business Barometer, and Japan’s jobless rate and job-to-applicant ratio. There will also be earnings reports from Ford and Waste Management, as well as US Treasury Quarterly borrowing estimates and note auctions.
Moving on to Tuesday, October 29th, we can look forward to US JOLTS job openings, Conference Board consumer confidence, UK consumer credit, and Germany’s GfK consumer confidence. Tech giants like Alphabet (Google) and AMD will be reporting earnings, along with companies like McDonald’s, Pfizer, BP, Visa, and PayPal.
Wednesday, October 30th is a big day for data with the release of Q3 GDP readings in the US and Eurozone, as well as CPI data from Germany and France. Tech earnings from Microsoft and Meta will also be in focus, along with reports from Boeing, Volkswagen, and BASF. The UK will also announce its Autumn Budget on this day.
Thursday, October 31st will bring the Bank of Japan policy decision, US PCE inflation data, Eurozone CPI and unemployment figures, and China’s Official PMIs. Heavyweight earnings reports from companies like Apple, Amazon, Intel, and Samsung will also be closely watched.
Finally, on Friday, November 1st, all eyes will be on the US Nonfarm payrolls report, which could have a significant impact on the markets. Other key data includes China’s Caixin manufacturing PMI and Switzerland’s CPI. Earnings reports from Exxon Mobil and Chevron will also be of interest.
Overall, the week will be dominated by the US jobs report on Friday, but there will be plenty of other important data and earnings reports to keep an eye on throughout the week. With major tech companies reporting earnings and a focus on GDP and inflation data, we can expect some volatility in both equity and currency markets. Stay tuned for updates as the week progresses.
