Super week coming up: Jobs data, tech titans, and two major GDP reports

The Fed blackout starts at midnight but the week ahead is packed with market-moving data, decisions and earnings reports.

Here’s a day-by-day preview of the week ahead:

MONDAY, OCTOBER 28

• US data: Dallas Fed manufacturing activity
• UK: Lloyds Business Barometer
• Japan: Jobless rate, job-to-applicant ratio
• ECB’s Wunsch speaks
• Earnings: Ford, Waste Management
• US Treasury Quarterly borrowing estimates, 2yr ($69bn) and 5yr ($70bn) note auctions

TUESDAY, OCTOBER 29:

• US: JOLTS job openings, Conference Board consumer confidence (98.7 prior)
• UK: Consumer credit, M4 money supply
• Germany: GfK consumer confidence
• Tech earnings: Alphabet (Google), AMD
• Others: McDonald’s, Pfizer, BP, Visa, PayPal

WEDNESDAY, OCTOBER 30

Big data day:

• US: Q3 GDP first reading, 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 Budget
• US Treasury quarterly refunding announcement

THURSDAY, OCTOBER 31

• Bank of Japan policy decision
• US: PCE inflation (core seen +0.28% MoM)
• Eurozone: CPI, unemployment
• China: Official PMIs
• Heavyweight earnings: Apple, Amazon, Intel, Samsung
• Energy: Shell, TotalEnergies, ConocoPhillips
• Others: Mastercard, Merck

FRIDAY, NOVEMBER 1

• US: Nonfarm payrolls (some forecasts as low as 0K, consensus at +123K), ISM manufacturing
• China: Caixin manufacturing PMI
• Switzerland: CPI
• Earnings: Exxon Mobil, Chevron

The week’s big focus will be on the US jobs report Friday, but markets will have plenty to digest before then with Q3 GDP, inflation data, and massive tech earnings. With five of the “Magnificent 7” reporting (representing $12 trillion in market cap), expect some volatility in equity and currency markets throughout the week.

This article was written by Adam Button at www.forexlive.com.