Today's economic calendar features crucial GDP readings from major European economies and the United States, alongside the UK's Autumn Forecast Statement. Market participants will closely monitor inflation data from Spain and Germany, as well as the U.S. ADP employment report. Key tech earnings from Meta and Microsoft will take center stage after market hours.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appEconomic Data Releases (Times in GMT):
08:00 - Spain Data Releases:
- HICP MoM: 0.4% forecast vs -0.1% previous
- HICP YoY: 1.8% forecast vs 1.7% previous
- GDP Q3 QoQ: 0.6% forecast vs 0.8% previous
- GDP Q3 YoY: 3.0% forecast vs 3.1% previous
- CPI MoM: 0.5% forecast vs -0.6% previous
- CPI YoY: 1.7% forecast vs 1.5% previous
08:00 - Switzerland KOF Leading Indicators:
- October: 105.1 forecast vs 105.5 previous
08:55 - German Employment Data:
- Unemployment Change: 15K forecast vs 17K previous
- Unemployment Rate: 6.1% forecast vs 6.0% previous
09:00 - German Regional CPIs & GDP:
- Various state CPIs
- GDP Q3 QoQ: -0.1% forecast vs -0.1% previous
- GDP Q3 YoY: -0.3% forecast vs 0.0% previous
09:30 - Switzerland SNB Press Conference
10:00 - UK Autumn Forecast Statement
10:00 - Eurozone Data:
- GDP Q3 QoQ: 0.2% forecast vs 0.2% previous
- GDP Q3 YoY: 0.8% forecast vs 0.6% previous
- Industrial Sentiment: -10.5 forecast vs -10.9 previous
- Business Climate: previous -0.76
- Consumer Confidence: -12.5 forecast vs -12.5 previous
12:15 - U.S. ADP Employment Change:
- October: 110K forecast vs 143K previous
12:30 - U.S. GDP Q3:
- GDP QoQ: 3.0% forecast vs 3.0% previous
- PCE Prices: 2.7% forecast vs 2.5% previous
- Core PCE Prices: 2.10% forecast vs 2.80% previous
13:00 - German Inflation Data:
- CPI YoY: 1.8% forecast vs 1.6% previous
- CPI MoM: 0.2% forecast vs 0.0% previous
- HICP YoY: 2.1% forecast vs 1.8% previous
14:00 - U.S. Pending Home Sales:
- September MoM: 1.9% forecast vs 0.6% previous
14:30 - U.S. EIA Inventory Data:
- Crude Oil: 1.500M forecast vs 5.474M previous
- Gasoline: 0.600M forecast vs 0.878M previous
- Distillates: -1.590M forecast vs -1.140M previous
Central Bank Speakers:
- 09:30 - SNB Press Conference
- 12:15 - BoC Governor Macklem Speech
- 15:00 - ECB Board Member Schnabel Speech
- 18:00 - Bundesbank President Nagel Speech
- 20:15 - BoC Governor Macklem Second Speech
- 20:15 - BoC Senior Deputy Governor Rogers Speech
Corporate Earnings:
- Pre-Market:
- Humana Inc (HUM.US)
- Caterpillar Inc (CAT.US)
- Volkswagen AG (VOW.DE)
- Eli Lilly & Co (LLY.US)
- After-Market:
- Meta Platforms Inc (META.US)
- Microsoft Corp (MSFT.US)
- Carvana Co (CVNA.US)
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
