Summary Key Macro Events
🇬🇧 🇪🇺 Brexit trade-deal talks between the U.K. and EU continue in London Monday with several tricky sticking points remaining – Bloomberg (9)
🇪🇺 🇺🇸 EU foreign affairs ministers will meet virtually on Monday to discuss the future trade relationship with the US after last week’s presidential election – FT (9)
🇺🇸 Joe Biden plans Monday to name a 12-member task force to combat and contain the spread of the coronavirus, sources tell Axios (9)
🇨🇳 Chinese President Xi Jinping will attend the Shanghai Cooperation Organization summit hosted by Russia via video link – Nikkei (10)
🇪🇺 🇺🇸 Tuesday is the EU’s target date for triggering tariffs on as much as $4 billion of U.S. goods in retaliation over illegal aid to Boeing Co. – Bloomberg (10)
🇺🇸 The US Supreme Court is on Tuesday expected to hear from a case that is challenging the lawfulness of the Obamacare law – FT (10)
🇨🇳 🇷🇺 Alibaba, China’s largest e-commerce company, is expected to smash the sales record again at its annual promotion event, known as Singles Day, which ends Wednesday – Nikkei (11)
🇫🇷 French president Emmanuel Macron will attend the opening ceremony of the Paris Peace Forum on Thursday – FT (11)
🇪🇺 The European Central Bank annual forum kicks off on Wednesday, when policymakers will gather virtually for a two-day event.The bank’s president Christine Lagarde will deliver a welcome address to the forum on Wednesday – FT (11)
🇪🇺 🇺🇸 🇬🇧 ECB President Christine Lagarde, BOE Governor Andrew Bailey and Fed Chair Jerome Powell are among the speakers Thursday at an online ECB Forum entitled “Central Banks in a Shifting World” (12)
🇺🇸 CPI for October (12)
💱 Finance ministers and central bankers from the Group of 20 hold an extraordinary meeting Friday to discuss bolder action to help poor nations struggling to repay their debts. (13)
🇺🇸 PPI for October (13)
Earnings
*Wall Street’s Q3 Earnings Season Continues This Week.
*Results Are Due From:
-McDonald’s
-Walt Disney
-Cisco
-Beyond Meat
-Lyft
-DraftKings
-Palantir
-Nikola Motor
-WorkHorse
-DataDog
-CyberArk
-Lemonade
-Canopy Growth
-Tilray
-Aurora Cannabis
-Plug Power
-NovaVax
-BioNTech pic.twitter.com/pFpUs8euOy— Investing.com (@Investingcom) November 8, 2020
Previews
🇨🇳 🌎 #China Shows the Payoff From Curbing the Virus: Eco Week Ahead
*#ECB holds virtual forum, U.K. reports third-quarter GDP data
*Link: https://t.co/lFgc2FyQtc pic.twitter.com/bG8tYzvVti— Christophe Barraud🛢 (@C_Barraud) November 8, 2020
Biden wins election, SoftBank earnings, US inflation data https://t.co/UKbbZCPEdz
— FT Economics (@fteconomics) November 8, 2020
Your Week in Asia
— ASEAN Summit online
— Sony PlayStation 5
— China Singles Dayhttps://t.co/KEx4mL6UnI— Nikkei Asia (@NikkeiAsia) November 8, 2020
⚠️MARKETS WEEK AHEAD:
– POLITICAL HEADLINES
– FED SPEAKERS
– $MCD $DIS $BYND EARNINGS⚠️ @JESSECOHENINV BREAKS DOWN WHAT TO WATCH ON WALL STREET THIS WEEK 🎬🎥$DIA $SPY $QQQ $VIX pic.twitter.com/t59COqOrC0
— Investing.com (@Investingcom) November 8, 2020
🇺🇸FED SPEECHES THIS WEEK:
*FOMC MEMBER MESTER (MON. 1:30PM)
*FOMC MEMBER BRAINARD (TUES. 5:00AM)
*FOMC MEMBER KAPLAN (TUES. 12:00PM)
*FOMC MEMBER QUARLES (TUES. 2:00PM)
*FED CHAIR POWELL (THURS. 11:45AM)⚠️https://t.co/AmVMcvVtCV$DIA $SPY $QQQ $VIX pic.twitter.com/vabd2SSZMy
— Investing.com (@Investingcom) November 8, 2020
🇺🇸 #Biden to announce COVID-19 task force Monday – Axioshttps://t.co/rJ2WkQd09O
— Christophe Barraud🛢 (@C_Barraud) November 7, 2020
UK sees goodwill for Brexit trade deal, open to 'sensible' fishing compromise https://t.co/5LnulwlXlb pic.twitter.com/otQHXSHH9p
— Reuters Business (@ReutersBiz) November 9, 2020
🇩🇪 🇪🇺 🇺🇸 #Germany Considers Delaying a $4 Billion Tariff Strike on the U.S. – Bloomberghttps://t.co/9kcOFnwvJS
— Christophe Barraud🛢 (@C_Barraud) November 9, 2020
Focus on 🇺🇸 Economic Calendar
Schedule for Week of November 8, 2020 https://t.co/XguYRvTvj1 The key economic report this week is October CPI.
— Bill McBride (@calculatedrisk) November 7, 2020
Top 10 Macro/Financial Charts of the Previous Week – w45
⚠ Top 10 Macro/Financial Charts of the Week – w45 ⚠
HT @crossbordercap, @jsblokland, @NorthmanTrader, @TaviCosta, @Callum_Thomas, @zerohedge, @stlouisfedhttps://t.co/J9BgKYfmzr
— Christophe Barraud🛢 (@C_Barraud) November 9, 2020
What happened in the World Economy last Week – in charts – w45 (Bloomberg)
The week that was in the global economy, told through charts https://t.co/LDaRx8ix0b
— Bloomberg Economics (@economics) November 6, 2020
