Economic Calendar
Unemployment figures, company earnings reports and elections – keep track of key announcements and other upcoming events that could affect the markets.
Monday 9 November to Sunday 15 November
China CPI
Sunday, November 8
20:30 ET
China will release inflation data on Monday and trade data on Tuesday. Weakness in domestic demand is holding back consumer prices despite energy shock. The latter is expected to boost PPI inflation further to 5.3% from 5.0% previously, while CPI is expected to edge lower to 0.8% from 0.9% y/y. Export and import are expected to accelerate to 40.7% and 37.3% y/y, respectively amid resilient external demand for technology manufactured goods.
What to watch: CNY, China A50
US CPI
Tuesday, November 10
13:30 GMT
The recent tech selling and pullback in oil prices following the Democratic blue wave at the midterms has reduced market expectations of Fed tightening. But inflation remains sticky and any overshoots either in CPI or PPI should boost expectations of a December hike.
What to watch: USD, Gold
UK GDP
Thursday, November 12
02:00 ET
Monthly and quarterly GDP estimates will be released, along with a few other UK macro indicators. Sterling has been among the stronger performers in G10 space. With the inflation outlook continuing to support the hawkish BoE narrative, this should see the pound outperform against other weaker crosses - especially if GDP also overshoots.
What to watch: GBP, UK 100