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.
Over 40-years' heritage
Over 185,000 clients worldwide
15,000 markets worldwide

The week ahead

A look ahead to the major events, economic releases and company news expected next week.

  • See a full calendar of key economic reports and company announcements

  • Watch expert commentary and insight from our analysts

  • Discover upcoming trading opportunities and markets to watch 

Form has failed to submit. Please contact IG directly.

Sign up now

Week commencing 6 November

Chris Beauchamp, market analyst

Key economic events for this week are relatively thin on the ground, but the Reserve Bank of Australia (RBA) will be in focus with a rate decision, and then a monetary policy statement. Investors should also keep an eye out for the Chinese trade balance and inflation figures.

On the corporate calendar, full-year numbers from Associated British Foods and Imperial Brands, and first-half figures from M&S, Burberry and Sainsbury’s, will be worth watching out for, while in the US, earnings season continues to grind on. 

Economic reports

Week commencing 6 November

Monday

7am – Germany factory orders (September): expected to fall 1.6% MoM. Market to watch: EUR crosses

3pm – Canada Ivey PMI (October): expected to fall to 58 from 59.6. Market to watch: CAD crosses 

Tuesday

3.30am – RBA rate decision: no change in policy expected. Market to watch: AUD crosses

10am – eurozone retail sales (September): YoY growth forecast to increase to 1.9% from 1.2%. Market to watch: EUR crosses

Wednesday

3am – China trade balance (October): exports expected to rise by 8.8% from 8.1% a month earlier. Markets to watch: China indices, CNY crosses

3.30pm – US EIA crude inventories (w/e 3 November): previous week saw a fall of 2.4 million barrels. Markets to watch: Brent, WTI

Thursday

1.30am – China CPI (October): expected to rise to 1.8% YoY from 1.6%, and fall to 0.2% from 0.5% MoM. Markets to watch: China indices, CNY crosses

7am – German trade balance (October): surplus expected to rise to €21.5 billion. Market to watch: EUR crosses

1.30pm – US initial jobless claims (w/e 4 November): forecast to rise to 236K from 229K. Markets to watch: US indices, USD crosses

Friday

12.30am – RBA statement on monetary policy: this will detail the bank’s views on the state of the Australian economy. Market to watch: AUD crosses

9.30am – UK trade balance, industrial & mfg production (September): trade deficit forecast to narrow to £4.7 billion from £5.6 billion. Market to watch: GBP crosses

3pm – US Michigan consumer confidence (November, preliminary): forecast to fall to 97 from 100.7. Markets to watch: US indices, USD crosses

Weekly view

Monday

7am – Germany factory orders (September): expected to fall 1.6% MoM. Market to watch: EUR crosses

3pm – Canada Ivey PMI (October): expected to fall to 58 from 59.6. Market to watch: CAD crosses

Tuesday

3.30am – RBA rate decision: no change in policy expected. Market to watch: AUD crosses

10am – eurozone retail sales (September): YoY growth forecast to increase to 1.9% from 1.2%. Market to watch: EUR crosses

Wednesday

3am – China trade balance (October): exports expected to rise by 8.8% from 8.1% a month earlier. Markets to watch: China indices, CNY crosses

3.30pm – US EIA crude inventories (w/e 3 November): previous week saw a fall of 2.4 million barrels. Markets to watch: Brent, WTI

Thursday

1.30am – China CPI (October): expected to rise to 1.8% YoY from 1.6%, and fall to 0.2% from 0.5% MoM. Markets to watch: China indices, CNY crosses

7am – German trade balance (October): surplus expected to rise to €21.5 billion. Market to watch: EUR crosses

1.30pm – US initial jobless claims (w/e 4 November): forecast to rise to 236K from 229K. Markets to watch: US indices, USD crosses

Friday

12.30am – RBA statement on monetary policy: this will detail the bank’s views on the state of the Australian economy. Market to watch: AUD crosses

9.30am – UK trade balance, industrial & mfg production (September): trade deficit forecast to narrow to £4.7 billion from £5.6 billion. Market to watch: GBP crosses

3pm – US Michigan consumer confidence (November, preliminary): forecast to fall to 97 from 100.7. Markets to watch: US indices, USD crosses

Company announcements

Upcoming dividens

FTSE ex-dividend dates (9 November):

FTSE 100: Whitbread, GlaxoSmithKline, BP

FTSE 250: Go-Ahead, Card Factory

This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.  Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. 

CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

Contact us

We're here 6 days a week Sun-Fri, from 8am to 7pm. Support is available 24hrs a day from Monday to Friday.

+971 (0) 4 559 2108

or contact us via email at: helpdesk.ae@ig.com

 

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.