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The Fed blackout begins at midnight however the week forward is filled with market-moving information, selections and earnings studies.
This is a day-by-day preview of the week forward:
MONDAY, OCTOBER 28
- US information: Dallas Fed manufacturing exercise
- UK: Lloyds Enterprise Barometer
- Japan: Jobless fee, job-to-applicant ratio
- ECB’s Wunsch speaks
- Earnings: Ford, Waste Administration
- US Treasury Quarterly borrowing estimates, 2yr ($69bn) and 5yr ($70bn) notice auctions
TUESDAY, OCTOBER 29:
- US: JOLTS job openings, Convention Board shopper confidence (98.7 prior)
- UK: Shopper credit score, M4 cash provide
- Germany: GfK shopper confidence
- Tech earnings: Alphabet (Google), AMD
- Others: McDonald’s, Pfizer, BP, Visa, PayPal
WEDNESDAY, OCTOBER 30
Large information day:
- US: Q3 GDP first studying, ADP employment
- Eurozone: Q3 GDP
- Germany: CPI, Q3 GDP
- France: Q3 GDP
- Australia: Q3 CPI
- Tech earnings: Microsoft, Meta
- Others: Boeing, Volkswagen, BASF
- UK Autumn Funds
- US Treasury quarterly refunding announcement
THURSDAY, OCTOBER 31
- Financial institution of Japan coverage determination
- US: PCE inflation (core seen +0.28% MoM)
- Eurozone: CPI, unemployment
- China: Official PMIs
- Heavyweight earnings: Apple, Amazon, Intel, Samsung
- Vitality: Shell, TotalEnergies, ConocoPhillips
- Others: Mastercard, Merck
FRIDAY, NOVEMBER 1
- US: Nonfarm payrolls (some forecasts as little as 0K, consensus at +123K), ISM manufacturing
- China: Caixin manufacturing PMI
- Switzerland: CPI
- Earnings: Exxon Mobil, Chevron
The week’s huge focus shall be on the US jobs report Friday, however markets may have lots to digest earlier than then with Q3 GDP, inflation information, and big tech earnings. With 5 of the “Magnificent 7” reporting (representing $12 trillion in market cap), count on some volatility in fairness and foreign money markets all through the week.
