The week of 9 November will be centered on the release of the US consumer price index and producer price index, with attention also focused on US interest-rate and equity-market trends and comments related to the Federal Reserve. Developments in AI-related areas and expectations surrounding fiscal policy were also cited as factors that could influence markets during Japanese trading hours.
Although the US economic indicators due in the week of 9 November are relatively limited, the consumer price index and producer price index will be central, with US inflation trends expected to be the market's focus. Attention will also center on long-term US interest rates and US equities.
On 10 November, the Bank of Japan is scheduled to publish its main opinions from the monetary policy meeting, along with BOJ-related events, while the US consumer price index is due for release. US markets may be closed for a holiday on 11 November, but the release of economic indicators is expected to continue. On 12 November, the preliminary UK GDP figure, US initial jobless claims and a 30-year Treasury auction are scheduled. The US producer price index is due for release on 13 November.
Key factors this week include US stock-market developments after the midterm elections, the release of US inflation indicators, market expectations ahead of the next monetary policy announcement on 9 December, and developments in commodity markets such as crude oil and gold.
There will be numerous announcements and comments concerning US fiscal and monetary policy, with major events centered on US economic indicators. US inflation data, comments from senior Federal Reserve officials, the situation in Iran and fiscal news from Europe may also affect policy trends and market risk factors in Japan, the US and Europe. Investment decisions are expected to remain dependent on market movements when each factor is announced.