Let’s take a look at the FXTS Weekly Market Preview for the upcoming week 28th Oct – 1st Nov 2024. Discover the key events of the week ahead, including economic data releases and the quarterly reports of publicly listed companies.
Check out our weekly market preview, where we outline the key events of the week ahead, including economic data releases and the quarterly reports of publicly listed companies.
Economic Highlights
This week, global manufacturing PMI releases will be the subject of focus, providing insights into the health of the goods production sector. In the US, important releases include Q3 GDP, non-farm payrolls, and core PCE inflation data for September. These important economic reports add to a market already juggling the earnings season and speculation surrounding the upcoming US Presidential Election.
In Europe, flash GDP data for the Eurozone’s third quarter will help assess the region’s economic health amid low growth. Analysts will examine inflation figures for October, as recent PMI data hints at cooling price pressures. The Eurozone’s unemployment data will also provide clues on the labour market’s resilience, while the UK’s housing prices and mortgage lending data will be key to understanding economic sentiment.
In the Asia-Pacific region, the Bank of Japan’s (BOJ) meeting on Thursday is set to be pivotal, as markets await the central bank’s interest rate outlook, while China’s PMI readings may reveal demand trends. Additionally, Australia’s quarterly inflation and retail sales data could provide useful insights into its domestic consumption, while Japan’s industrial production and unemployment figures are expected to highlight the country’s economic momentum.
Monday 28th October
Earnings
- Fomento Economico Mexicano S.A.B. de C.V. (FMX) – Q3 2024
- Ford Motor Company (F) – Q3 2024
Releases
- Hong Kong SAR (Trade, September)
- Mexico (Balance of Trade, September)
- United States (Dallas Fed Manufacturing Index, October)
Tuesday 29th October
Earnings
- Alphabet, Inc. (GOOG / GOOGL) – Q3 2024
- Visa, Inc. (V) – Q4 2024
- Advanced Micro Devices, Inc. (AMD) – Q3 2024
- McDonald’s Corporation (MCD) – Q3 2024
- HSBC Holdings plc (HSBC) – Q3 2024
Releases
- Japan (Unemployment Rate, September)
- Germany (GfK Consumer Confidence, November)
- Sweden (GDP, Q3 flash)
- United Kingdom (Mortgage Lending and Approvals, September)
- United States (Goods Trade Balance, September)
- United States (Wholesale Inventories, September)
- United States (S&P/Case-Shiller Home Price, August)
- United States (JOLTs Job Openings, September)
Wednesday 30th October
Earnings
- Microsoft Corporation (MSFT) – Q1 2025
- Meta Platforms, Inc. (META) – Q3 2024
Releases
- Australia (Monthly CPI Indicator, September; Inflation, Q3)
- Japan (Consumer Confidence, October)
- Eurozone (GDP, Q3 flash; Economic Sentiment, October)
- Mexico (GDP, Q3 prelim)
- United States (ADP Employment Change, October)
- United States (GDP, Q3 advance)
- United States (Pending Home Sales, September)
- Germany (Inflation, October prelim)
Thursday 31st October
Earnings
- Apple, Inc. (AAPL) – Q4 2024
- Amazon.com, Inc. (AMZN) – Q3 2024
- Mastercard Incorporated (MA) – Q3 2024
- Shell PLC (SHEL) – Q3 2024
Releases
- South Korea (Industrial Production, September)
- Japan (Industrial Production, September prelim)
- Australia (Retail Sales, September)
- China (Mainland) (NBS PMI, October)
- Japan (BOJ Interest Rate Decision)
- Germany (Retail Sales, September)
- France (Inflation, October prelim)
- Taiwan (GDP, Q3 advance)
- Hong Kong SAR (GDP, Q3 advance)
- Eurozone (Inflation, October flash)
- Eurozone (Unemployment, September)
- Italy (Inflation, October prelim)
- Canada (GDP, August)
- United States (Core PCE Price Index, September)
- United States (Personal Income and Spending, September)
Friday 1st November
Earnings
- Berkshire Hathaway, Inc. (BRK.A / BRK.B) – Q3 2024
- Exxon Mobil Corporation (XOM) – Q3 2024
Releases
- Worldwide (Global Manufacturing PMIs between 1-4 November)
- Australia (Building Permits, September prelim)
- Indonesia (Inflation, October)
- United Kingdom (Nationwide Housing Prices, October)
- Switzerland (Inflation, October)
- Brazil (Industrial Production, September)
- United States (Non-Farm Payrolls, October)
- United States (Unemployment Rate, October)
- United States (Average Hourly Earnings, October)
- United States (ISM Manufacturing PMI, October)
For a more in-depth look at the upcoming week’s key events, visit our Economic Calendar.
