Week Ahead Preview: BOC and ECB Meetings; Eurozone Bank Lending Survey; U.S. Q3 GDP; October PMIs; China’s Singles Day Sales Start; Earnings Season Peaks

22 October, 2023

From the ECB and BOE Meetings to the U.S. Q3 GDP and a slate of corporate earnings reports, here’s what you need to follow for the week ahead.

Monday

🇯🇵 Japan’s prime minister will deliver a policy speech at an extraordinary session of the Diet, the country’s parliament – Nikkei

🇨🇳 China’s major e-commerce platforms begin the Singles Day shopping festival, which spans about three weeks through Nov. 11 – Nikkei

🇨🇳 Financial markets closed

🇦🇺 Australia Prime Minister Anthony Albanese travels to the US and will have a state dinner with US President Joe Biden on Wednesday. Through Thursday – Bloomberg

🇪🇺 EU foreign ministers meet in Luxembourg

🇮🇱 Rate Decision

🇪🇺 October Consumer Confidence

Tuesday

🌎 UN Security Council is expected to open debate on the Middle East – Bloomberg

🛢 Paris-based International Energy Agency releases its world energy outlook annual report – Bloomberg

🇪🇺 European Union expected to unveil plans for wind energy industry – Bloomberg

🌎 October Manufacturing and services PMIs

🇬🇧 October labour market figures (delayed from last week)

🇪🇺 Q3 Eurozone bank lending survey

Wednesday

🇦🇺 Q3 CPI

🇩🇪 October IFO business climate

🇪🇺 September Monetary Developments

🇺🇸 September new home sales

🇨🇦 BOC Meeting

🇺🇸 Fed Chair Jerome Powell delivers brief remarks introducing 2023 Moynihan Prize recipient Alan Blinder at the 2023 Moynihan Lecture in Social Science and Public Policy in Washington – Bloomberg

Thursday

🇯🇵 The Japan Automobile Manufacturers Association holds the Japan Mobility Show 2023 through Nov. 5 – Bloomberg

🇪🇺 EU leaders summit in Brussels, through Friday – Bloomberg

🇹🇷 Rate Decision

🇪🇺 ECB Meeting

🇬🇧 Outgoing Bank of England Deputy Governor Jon Cunliffe speaks on cross-border payments in Washington – Bloomberg

🇺🇸 Q3 GDP

🇺🇸 September durable goods

🇺🇸 Fed Governor Christopher Waller delivers opening remarks at the Fed’s Economics of Payments XII Conference – Bloomberg

Friday

🇨🇳 September China industrial profits

🇦🇺 Q3 PPI

🇯🇵 October Tokyo CPI

🇪🇸 Q3 GDP

🇪🇺 ECB Survey of Professional Forecasters

🇷🇺 Rate decision

🇺🇸 September personal spending and income,

🇺🇸 October University of Michigan consumer sentiment

🇺🇸 Fed Vice Chair for Supervision Michael Barr delivers opening remarks at the second day of the Fed’s Economics of Payments XII Conference – Bloomberg

Earnings

#earnings for the weekhttps://t.co/lObOE0dgsr $AMZN $MSFT $META $GOOGL $BA $ENPH $KO $VZ $CLF $INTC $XOM $SNAP $RCL $IBM $GE $F $RTX $HSY $V $UPS $CMG $NOW $DXCM $MMM $ALGN $ABBV $TDOC $MO $LUV $KLAC $CVX $TMO $NEE $ADM $SKX $MTDR $SPOT $NOC $VLO $ORLY $CNC $AMT $MRK $X $NEM… pic.twitter.com/XCDNkGwsCj
— Earnings Whispers (@eWhispers) October 20, 2023

🇺🇸 #SPX | S&P 500 Information Technology Sector Earnings Preview: Q3 2023 – Factsethttps://t.co/hz3G9XAIPr pic.twitter.com/aud3LpC0D0
— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) October 21, 2023

Previews

If you want to know what matters to financial markets in the upcoming week read LiveSquawk's Focus On The Week Ahead https://t.co/DxJdMGB0N4 #BoC #IFO #PMIs #PCE pic.twitter.com/qvNeXcTVCy
— LiveSquawk (@LiveSquawk) October 20, 2023

🌎🇺🇸 #Weekahead | Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse – Bloomberghttps://t.co/nJXQkHRC3h pic.twitter.com/x3HUQPMqcA
— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) October 22, 2023

🌎 #Weekahead | Central Banks Search for Lessons From the Great #Inflation Outbreak – Bloomberghttps://t.co/HWXMmIreuN pic.twitter.com/rKidIsmaZg
— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) October 22, 2023

Earnings season peaks while ECB and Israel set interest rates https://t.co/8FCaYuGopj
— FT World News (@ftworldnews) October 22, 2023

Weekly Market Outlook (23-27 October)https://t.co/BnmJ6nGT1q
— investingLive (@investingLive_) October 22, 2023

The ECB will next week hammer home the message that borrowing costs are set to stay high for an extended period — despite risks to economic growth swirling, according to a Bloomberg poll of analysts https://t.co/lGOmB3WyYq
— Bloomberg Economics (@economics) October 21, 2023

Bank of Canada expected to stand pat as economy weakens, inflation slows https://t.co/ucj9xv05ag
— The Globe and Mail (@globeandmail) October 22, 2023

Welcome to Your Week in Asia. This week we will see;
– Kishida policy speech
– Singles Day in China
– Bangkok EV Expo
– Seoul Halloween disaster memorial
Click and read more about Your Week in Asia.https://t.co/0h5QpFUx9F
— Nikkei Asia (@NikkeiAsia) October 22, 2023

Focus on U.S. Economic Calendar

🇺🇸 #Weekahead | Wild #Treasuries Swings Just Starting as Bond Traders ‘Buckle Up’ – Bloomberghttps://t.co/N8ym7vZjbj pic.twitter.com/f6wU7LPqSb
— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) October 22, 2023

🇺🇸 Wall St #WeekAhead Investors seek shelter as U.S. stocks grow more turbulent – Reutershttps://t.co/IiAZYi88QZ
— fastreveal (@fastrevealnews) October 22, 2023

Top 10 Macro/Financial Charts of the Previous Week – w42

⚠ Top 10 Macro/Financial Charts of the Week – w42 (2023) ⚠

*HT @GameofTrades_, @MikeZaccardi, @saxena_puru, @EconguyRosie, @Callum_Thomas #Bonds #Rates #Housing #Mortgage #Construction https://t.co/PZ1qPjf2WL
— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) October 21, 2023

What happened in the World Economy last Week – in charts – w42 (Bloomberg)

🌎 Charting the Global Economy: China’s Economy Gains Momentum – Bloomberghttps://t.co/pX6rCChw25 pic.twitter.com/qhWZlsymcF
— fastreveal (@fastrevealnews) October 22, 2023

*Note: Previous reports can be found here