A look ahead to the major events, economic releases and company news expected next week.
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The Week Ahead
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See a full calendar of key economic reports and company announcements
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Watch expert commentary and insight from our analysts
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Discover upcoming trading opportunities and markets to watch
Week commencing 5 November
Chris Beauchamp, market analyst
While US earnings season continues, many of the big names are out of the way, and this week has few of the blockbusters of the past two weeks. However, UK earnings are plentiful, with supermarkets, retailers and various others filling the middle of the week.
On the economic front, we have decisions from the Federal Reserve (Fed) and the Reserve Bank of Australia (RBA), plus UK gross domestic product (GDP) figures and the monthly services purchasing managers index (PMI). And then, of course, there are the US midterms, which could be crucial for market direction.
Economic reports
Week commencing 5 November
Monday
1.45am – China Caixin services PMI (October): forecast to fall to 52.5 from 53.1. Markets to watch: China indices, CNH crosses
9.30am – UK services PMI (October): expected to rise to 54 from 53.9. Market to watch: GBP crosses
3pm – US ISM non-mfg PMI (October): index forecast to fall to 60 from 61.6. Market to watch: US indices, USD crosses
Tuesday
US mid-term elections: control of Congress is being contested, with implications for US policy. Markets to watch: US indices, USD crosses
3.30am – RBA rate decision: no change in rates from the current 1.5% expected. Market to watch: AUD crosses
Wednesday
10am – eurozone retail sales (September): sales forecast to rise 2.4% YoY from 1.8%. Market to watch: EUR crosses
3pm – Canada Ivey PMI (October): index to rise to 61.1 from 50.4. Market to watch: CAD crosses
3.30pm – US EIA crude inventories (w/e 2 November): stockpiles to rise by two million barrels from a 3.2 million barrel increase a week earlier. Markets to watch: Brent, WTI
Thursday
3am – China trade balance (October): exports to rise 8.9% YoY from a 14.5% increase in September. Markets to watch: China indices, CNH crosses
1.30pm – US jobless claims (w/e 3 November): initial claims to fall to 213K from 214K. Markets to watch: US indices, USD crosses
7pm – FOMC decision (delayed by a day due to elections): no change is expected at this meeting. Markets to watch: US indices, USD crosses
Friday
12.30am – RBA statement on monetary policy: hawkish commentary here could lift AUD. Market to watch: AUD crosses
1.30am – China CPI (October): forecast to be 2.4% YoY from 2.5%, and 0.3% MoM from 0.7%. Markets to watch: China indices, CNH crosses
9.30am – UK GDP (September), trade balance (September): GDP to rise 0.5% over the previous three months, from a 0.7% rise in August, and trade deficit to narrow to £1.1 billion. Market to watch: GBP crosses
1.30pm – US PPI (October): forecast to be 0.3% MoM from 0.2%. Market to watch: USD crosses
3pm – US Michigan consumer sentiment (November, preliminary): index to fall to 95 from 98.6. Markets to watch: US indices, USD crosses
Weekly view
Monday
1.45am – China Caixin services PMI (October): forecast to fall to 52.5 from 53.1. Markets to watch: China indices, CNH crosses
9.30am – UK services PMI (October): expected to rise to 54 from 53.9. Market to watch: GBP crosses
3pm – US ISM non-mfg PMI (October): index forecast to fall to 60 from 61.6. Markets to watch: US indices, USD crosses
Tuesday
US mid-term elections: control of the Congress is being contested, with implications for US policy. Markets to watch: US indices, USD crosses
3.30am – RBA rate decision: no change in rates from the current 1.5% expected. Market to watch: AUD crosses
Wednesday
10am – eurozone retail sales (September): sales forecast to rise 2.4% YoY from 1.8%. Market to watch: EUR crosses
3pm – Canada Ivey PMI (October): index to rise to 61.1 from 50.4. Market to watch: CAD crosses
3.30pm – US EIA crude inventories (w/e 2 November): stockpiles to rise by two million barrels from a 3.2 million barrel increase a week earlier. Markets to watch: Brent, WTI
Thursday
3am – China trade balance (October): exports to rise 8.9% YoY from a 14.5% increase in September. Markets to watch: China indices, CNH crosses
1.30pm – US jobless claims (w/e 3 November): initial claims to fall to 213K from 214K. Markets to watch: US indices, USD crosses
7pm – FOMC decision (delayed by a day due to elections): no change is expected at this meeting. Markets to watch: US indices, USD crosses
Friday
12.30am – RBA statement on monetary policy: hawkish commentary here could lift AUD. Market to watch: AUD crosses
1.30am – China CPI (October): forecast to be 2.4% YoY from 2.5%, and 0.3% MoM from 0.7%. Markets to watch: China indices, CNH crosses
9.30am – UK GDP (September), trade balance (September): GDP to rise 0.5% over the previous three months, from a 0.7% rise in August, and trade deficit to narrow to £1.1 billion. Market to watch: GBP crosses
1.30pm – US PPI (October): forecast to be 0.3% MoM from 0.2%. Market to watch: USD crosses
3pm – US Michigan consumer sentiment (November, preliminary): index to fall to 95 from 98.6. Markets to watch: US indices, USD crosses
Company announcements
Upcoming dividends (8 November)
FTSE 250: Go-Ahead, Galliford Try, Card Factory, Renewables Infrastructure Group, Lancashire Holdings, Greencoat UK Wind
Dividends are applied after the close of the previous day’s session for each market. So, for example, the FTSE 100 goes ex-dividend on a Thursday, but the adjustment is applied at the close of the previous day e.g. Wednesday. The table below shows the days in which the adjustment is applied, not the ex-dividend days.
Index dividend adjustments
| Monday 5 November | Tuesday 6 November | Wednesday 7 November | Thursday 8 November | Friday 9 November | Monday 12 November | |
|---|---|---|---|---|---|---|
| FTSE 100 |
|
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6.19 |
|||
| Australia 200 |
|
0.2 | 10 | 0.6 | 23.5 | |
| Wall Street | 2.0 |
32.5 | 5.6 | |||
| US 500 | 0.22 | 0.03 | 1.48 | 0.48 | 0.10 | |
| Nasdaq | 1.20 | 3.93 | 0.17 | |||
| France 40 | 1.6 | |||||
| Netherlands 25 | ||||||
| EU Stocks 50 | 0.6 | |||||
| China H-Shares | ||||||
| Singapore Blue Chip | ||||||
| Hong Kong HS50 | 13.7 | |||||
| South Africa 40 | ||||||
| Japan 225 |
|
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CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.
