The Week Ahead
Read about upcoming market-moving events and plan your trading week
Week commencing 28 October
Chris Beauchamp's insight
The Bank of Japan is expected to keep its interest rates at 0.25% while in the UK all eyes will be on the UK chancellor’s first labour budget in 14 years on Wednesday. Growth and borrowing forecasts may well have a major effect on sterling and other UK markets. Consumer confidence, flash gross domestic product (GDP) growth and inflation data will also be scrutinised ahead of Friday’s US non-farm payrolls. US earnings season will continue with the likes of Alphabet, Apple, Meta and Microsoft while in the UK bank and energy company heavyweights will be reporting on their quarterly earnings.
Economic reports
- Monday
- Tuesday
- Wednesday
- Thursday
- Friday
- Weekly view
None
7am – German consumer confidence (November): forecast at -21.5 versus previous reading -21.2. Markets to watch: EUR crosses
2pm – US consumer confidence (October): index forecast to rise to 99.2 from 98.7. Markets to watch: USD crosses
5am – Japan consumer confidence (October): expected at 36.7 versus previous reading 36.9. Markets to watch: JPY crosses
9am – German GDP (quarter 3 (Q3), flash): growth expected to remain at -0.1% quarter on quarter (QoQ), and rise 0.2% year-over-year (YoY). Markets to watch: EUR crosses
12.15pm – US ADP employment report (October): payrolls expected to rise by 129K, down from 143K. Markets to watch: US indices, USD crosses
12.30pm – UK Budget: Chancellor Rachel Reeves will unveil the first Labour budget in 14 years. Growth and borrowing forecasts may well have a major effect on sterling and other UK markets. Markets to watch: FTSE 100, FTSE 250, GBP crosses
12.30pm – US GDP (Q3, advance reading): QoQ rate expected to rise to 3.3% from 3%. Markets to watch: US indices, USD crosses
1pm – German consumer price index (CPI) (October): prices forecast to rise 1.8% YoY from 1.6%, and 0.1% month-over-month (MoM) from 0%. Markets to watch: EUR crosses
2.30pm – US EIA crude oil inventories (w/e 25 October): stockpiles rose by 5.47 million barrels in the previous week. Markets to watch: Brent, WTI
1.30am – China Purchasing Managers' Index (PMI) (October): manufacturing PMI to rise to 50.2 from 49.8. Non-manufacturing PMI to rise to 50.3 from 50. Markets to watch: CNH crosses
3am – Bank of Japan rate decision: rates expected to remain unchanged at 0.25%. Markets to watch: Nikkei 225, JPY crosses
10am – eurozone inflation (October, flash): prices expected to rise 1.7% MoM in October, as was case in September. Markets to watch: EUR crosses
12.30pm – US initial jobless claims (w/e 26 October), PCE price index (September): claims to rise by 228k versus 227k previous week and PCE price index expected to rise 0.1% MoM, and core PCE to rise 0.1%. Markets to watch: USD crosses
1.45pm – US Chicago PMI (October): index expected to rise to 47.5 from 46.6. Markets to watch: USD crosses
1.45am – China Caixin manufacturing PMI (October): forecast at 49.7 versus previous reading 49.3. Markets to watch: CNH crosses
12.30pm – US non-farm payrolls (October): payrolls expected to rise by 180K, from 254K a month earlier. Unemployment rate forecast to rise to 4.2% from 4.1%. Average hourly earnings expected to rise 0.3% MoM and 4% YoY, from 0.4% and 4%. Markets to watch: US indices, USD crosses
2pm – US ISM mfg PMI (October): PMI forecast to rise to 47.5 from 47.2. Markets to watch: USD crosses
Monday
None
Tuesday
7am – German consumer confidence (November): forecast at -21.5 versus previous reading -21.2. Markets to watch: EUR crosses
2pm – US consumer confidence (October): index forecast to rise to 99.2 from 98.7. Markets to watch: USD crosses
Wednesday
5am – Japan consumer confidence (October): expected at 36.7 versus previous reading 36.9. Markets to watch: JPY crosses
9am – German GDP (Q3, flash): growth expected to remain at -0.1% QoQ, and rise 0.2% YoY. Markets to watch: EUR crosses
12.15pm – US ADP employment report (October): payrolls expected to rise by 129K, down from 143K. Markets to watch: US indices, USD crosses
12.30pm – UK Budget: Chancellor Rachel Reeves will unveil the first Labour budget in 14 years. Growth and borrowing forecasts may well have a major effect on sterling and other UK markets. Markets to watch: FTSE 100, FTSE 250, GBP crosses
12.30pm – US GDP (Q3, advance reading): QoQ rate expected to rise to 3.3% from 3%. Markets to watch: US indices, USD crosses
1pm – German CPI (October): prices forecast to rise 1.8% YoY from 1.6%, and 0.1% MoM from 0%. Markets to watch: EUR crosses
2.30pm – US EIA crude oil inventories (w/e 25 October): stockpiles rose by 5.47 million barrels in the previous week. Markets to watch: Brent, WTI
Thursday
1.30am – China PMI (October): manufacturing PMI to rise to 50.2 from 49.8. Non-manufacturing PMI to rise to 50.3 from 50. Markets to watch: CNH crosses
3am – Bank of Japan rate decision: rates expected to remain unchanged at 0.25%. Markets to watch: Nikkei 225, JPY crosses
10am – eurozone inflation (October, flash): prices expected to rise 1.7% MoM in October, as was case in September. Markets to watch: EUR crosses
12.30pm – US initial jobless claims (w/e 26 October), PCE price index (September): claims to rise by 228k versus 227k previous week and PCE price index expected to rise 0.1% MoM, and core PCE to rise 0.1%. Markets to watch: USD crosses
1.45pm – US Chicago PMI (October): index expected to rise to 47.5 from 46.6. Markets to watch: USD crosses
Friday
1.45am – China Caixin manufacturing PMI (October): forecast at 49.7 versus previous reading 49.3. Markets to watch: CNH crosses
12.30pm – US non-farm payrolls (October): payrolls expected to rise by 180K, from 254K a month earlier. Unemployment rate forecast to rise to 4.2% from 4.1%. Average hourly earnings expected to rise 0.3% MoM and 4% YoY, from 0.4% and 4%. Markets to watch: US indices, USD crosses
2pm – US ISM mfg PMI (October): PMI forecast to rise to 47.5 from 47.2. Markets to watch: USD crosses
Company announcements
|
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
Full-year earnings |
|
|
|
|
|
Half/ Quarterly earnings |
HSBC, |
GSK, |
|||
Trading update* |
|
|
Dividends
FTSE 100: Whitbread
FTSE 250: Balfour Beatty, Bloomsbury Publishing, Hilton Food, Dunelm, PZ Cussons, Renishaw, Tritax Big Box
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 adjustments
|
Monday 28 October |
Tuesday 29 October |
Wednesday 30 October |
Thursday 31 October |
Friday 1 November |
Monday 4 November |
FTSE 100 | 0.26 | |||||
Australia 200 | 0.1 | |||||
Wall Street | ||||||
US 500 | 0.04 | 0.45 | 0.24 | 0.23 | 0.07 | |
Nasdaq | 0.21 | 1.64 | 0.68 | 0.28 | ||
Netherlands 25 | 0.23 | |||||
EU Stocks 50 | 0.9 | 2.2 | 1.2 | |||
China H-Shares | 1.2 | 0.5 | 1.4 | |||
Singapore Blue Chip | ||||||
Hong Kong HS50 | 2.2 | 0.8 | 2.7 | |||
South Africa 40 | ||||||
Italy 40 | ||||||
Japan 225 |
* Please note these can change without notice
1 Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000+ global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Huge range of markets
Our spread betting and CFD accounts enable you to trade over 17,000+ markets, with index, commodity and bond futures available
A trusted provider
With over 45 years' experience, we’re proud to offer a truly market-leading service
Deep futures liquidity
Get fast, flexible execution thanks to our large client base and superior technology