Sunday, October 27
- Japan Lower House Elections: Investors are watching Japan’s elections closely for potential impacts on fiscal policy.
Tuesday, October 29
- 2:00 PM GMT – USD: JOLTS Job Openings: Kicking off the U.S. labor data releases for the week, this metric is expected to show changes in the job market ahead of Friday’s Non-Farm Payrolls report. A softer labor market could fuel speculation about the Fed’s next rate move.
- Mega-Tech Earnings Begin: Google (Alphabet) is set to report, with Microsoft, Meta, Apple, and Amazon following later in the week. These reports could sway stock indices, as tech giants represent significant market weight.
Wednesday, October 30
- 12:30 AM GMT – AUD: CPI (Inflation Data): Australia’s quarterly CPI report will be crucial for the RBA’s monetary policy. Any surprises could drive volatility in AUD pairs and impact the ASX 200 index.
- 12:30 PM GMT – USD: Preliminary GDP Data: The U.S. GDP report is projected at a 3% growth rate. Strong numbers could reinforce the Fed’s hawkish stance, affecting the USD and equity markets.
- S. Earnings Continue: Microsoft and Meta report earnings today, with high market expectations.
Thursday, October 31
- 1:30 AM GMT – CNY: Manufacturing and Non-Manufacturing PMIs: Investors are looking to China’s PMI figures for signs of economic recovery. These numbers could impact the China A50 index, Hong Kong 50, and commodities.
- 3:00 AM GMT – JPY: BoJ Interest Rate Decision: The Bank of Japan will announce its rate decision and release a policy statement. Markets expect clarity on any potential policy shifts as the JPY remains volatile.
- 10:00 AM GMT – EUR: Preliminary Inflation Data (HICP): The ECB will assess inflation trends with the goal of deciding on a rate cut later in December. European indices and EURUSD could see increased activity.
- 12:30 PM GMT – GBP: Autumn Budget: A pivotal release for the UK economy. Traders are looking for insights on fiscal direction amid a business-friendly budget and potential tax increases.
- Mega-Tech Earnings Conclude: Amazon and Apple wrap up a week of tech earnings that could significantly impact the S&P 500.
Friday, November 1
- 12:30 PM GMT – USD: Non-Farm Payrolls: The week’s most anticipated report. The Fed’s rate outlook heavily depends on labor market strength. Forecasted job gains are at 111,000, with the unemployment rate expected to hold at 4.1%.
This week’s mix of labor market data, mega-tech earnings, inflation reports, and central bank policy decisions creates a high-volatility environment for traders. Investors should prepare for fluctuations in U.S. equities, currency pairs, and commodity prices as markets react to these pivotal releases and geopolitical factors.
