Week Ahead – w44
Summary Key Macro Events
A four-day meeting of the Chinese Communist Party’s top leaders begins Monday to deliberate a new five-year plan from 2021. By week’s end, they will likely have agreed a target for achieving high-income status by 2025 – Nikkei (26)
New Home Sales for September (26)
India will host the third edition of its so-called 2+2 ministerial dialogue with the U.S. – Nikkei (27)
Durable Goods Orders for September (27)
Consumer Confidence (Conference Board) for October (27)
BOJ Officials are widely expected to hold fire on Thursday (29)
European Central Bank president Christine Lagarde and other policymakers are set to meet on Thursday but analysts expect the ECB to keep its cards covered and the rates on hold. (29)
3Q GDP (1st estimate) (29)
CPI YoY for October (30)
3Q GDP (1st estimate) (30)
From Sunday, statisticians will conduct a household head count for China’s 7th national population census registration – Nikkei (1)
Earnings
*It's The Busiest Week Of The Q3 Earnings Season!
*Results Are Due From:
-Amazon
-Apple
-Microsoft
-AMD
-Fastly
-Shopify
-Starbucks
-Boeing
-GE
-Caterpillar
-3M
-Pfizer
-Moderna
-Gilead Science
-Visa
-Mastercard
-Exxon Mobil
-Chevron
-Ford pic.twitter.com/NyJhGqWa32— Investing.com (@Investingcom) October 25, 2020
#earnings for the week https://t.co/lObOE0dgsr $AAPL $AMZN $MSFT $AMD $UPS $FB $SHOP $BA $HAS $PFE $SMPL $MMM $TWLO $GE $FSLY $PINS $NOK $TWTR $MRNA $CHGG $ETSY $SAP $CAT $LGND $FVRR $SPOT $GOOGL $LLY $GILD $RTX $TDOC $OSTK $V $ATVI $MA $XOM $ABBV $HCA $SHW $F $NVS $NRZ $MRK pic.twitter.com/6qEkIXEUcf
— Earnings Whispers (@eWhispers) October 24, 2020
Stock-market investors brace for busiest week of earnings in October’s final hurrah https://t.co/53I4uW8ROA
— MarketWatch (@MarketWatch) October 24, 2020
World Economy Gets Temperature Check Before U.S. Vote: Eco Week – Bloomberg
*Link: https://t.co/50o3ih0tbD pic.twitter.com/oxzJ0Yc3Xd— Christophe Barraud (@C_Barraud) October 25, 2020
Your Week in Asia
— China plenum
— Ant IPO pricing
— Pompeo in Indiahttps://t.co/XL3nBdg1yg— Nikkei Asia (@NikkeiAsia) October 25, 2020
Covid cases rise, Q3 earnings bonanza, US growth data https://t.co/FtEDirlO2x
— FT Economics (@fteconomics) October 25, 2020
The ECB meeting on Thursday will be dominated by discussions on the impact that the sudden resurgence of the pandemic could have on the recovery – and whether more stimulus is already needed https://t.co/zLU0T0GHax pic.twitter.com/6DoPeeYsNF
— Bloomberg Economics (@economics) October 25, 2020
Focus on Economic Calendar
Schedule for Week of October 25, 2020 https://t.co/zD0svCxGkl The key reports this week are the advance estimate of Q3 GDP and September New Home sales.
Other key indicators include Personal Income and Outlays for September and Case-Shiller house prices for August.
— Bill McBride (@calculatedrisk) October 24, 2020
Top 10 Macro/Financial Charts of the Previous Week – w43
⚠ Top 10 Macro/Financial Charts of the Week – w43 ⚠
HT @hussmanjp, @MacroCharts, @zerohedge, @Schuldensuehner, @economics, @johnauthershttps://t.co/BGqSrB5dyg
— Christophe Barraud (@C_Barraud) October 26, 2020
What happened in the World Economy last Week – in charts – w43 (Bloomberg)
What happened in the world economy this week – in charts https://t.co/brPJH5d9IV
— Bloomberg Economics (@economics) October 24, 2020