This week’s key events include the US midterm elections, BOJ meeting minutes and the US employment report. The scheduled release dates and key indicators are outlined below.
From 2–8 November, domestic events include October new-vehicle sales, October sales of kei cars and an auction of 5-year Climate Transition Bonds. Key US and European indicators scheduled for release include final manufacturing PMI figures for China, Germany and the euro area, as well as the US manufacturing PMI. The US October ISM manufacturing index and September construction spending will also be closely watched.
US midterm elections will be held on 3 November. Domestic markets will be closed for Culture Day, a public holiday, while Apple, Palantir Technologies and other companies are scheduled to report earnings overseas.
On 4 November, the US ADP October employment report and September trade balance will be released, while the US October ISM non-manufacturing index is also expected. In Japan, updates on the monetary base and preliminary October sales trends from Uniqlo are scheduled.
On 5 November, BOJ Monetary Policy Meeting minutes for the meeting held on 17–18 September and the BOE policy rate announcement are scheduled. In the US, releases will include initial jobless claims, labour productivity indicators and the policy rate announcement.
On 6 November, the US September employment report, the University of Michigan November Consumer Sentiment Index and consumer credit data will be released. Overseas earnings reports are scheduled from Airbnb, Duke Energy, Cloudflare and others.