🚨 ELECTIONS, JOBS AND INFLATION HIT THE MARKET IN THE SAME WEEK. NOV 2-6
MONDAY, NOV 2
🔴 14:45 UTC (9:45 AM ET): US S&P Global Manufacturing PMI (Oct)
🔴 15:00 UTC (10:00 AM ET): US ISM Manufacturing PMI (Oct)
Earnings: Apple (after the close), Palantir, Marriott and 17 others
TUESDAY, NOV 3
🔴 15:00 UTC (10:00 AM ET): US JOLTS Job Openings (Sep)
🟡 15:00 UTC (10:00 AM ET): US Factory Orders (Sep)
Earnings: AMD, Pfizer, Amgen, Shopify and 34 others
WEDNESDAY, NOV 4
🟡 10:00 UTC: Eurozone Flash CPI (Oct)
🔴 13:15 UTC (8:15 AM ET): US ADP Employment Change (Oct)
🔴 14:45 UTC (9:45 AM ET): US S&P Global Services PMI (Oct)
🔴 15:00 UTC (10:00 AM ET): US ISM Services PMI (Oct)
🔴 15:30 UTC (10:30 AM ET): US EIA Crude Oil Inventories
Earnings: Qualcomm, McDonalds, Uber, AppLovin and 34 others
THURSDAY, NOV 5
🟡 00:30 UTC (9:30 Tokyo): Japan Services PMI (Oct)
🔴 13:30 UTC (8:30 AM ET): US Initial Jobless Claims
Earnings: ConocoPhillips, Airbnb, Cigna, Monster Beverage and 39 others
FRIDAY, NOV 6
🔴 13:30 UTC (8:30 AM ET): US Nonfarm Payrolls, Unemployment Rate and Wages (Oct)
🟡 15:00 UTC (10:00 AM ET): US Michigan Consumer Sentiment (Nov)
Earnings: Vistra, Humana, Charter, Moderna and 2 others
What to watch:
→ Jobs report on Friday: consensus is +55k payrolls (September was +29k), unemployment steady at 4.2%, wages +0.3% m/m. The Fed held last week with two votes for a hike, and markets price a December hike.
→ US midterms on Tuesday: all 435 House seats and 35 Senate seats are up. Results land into Wednesday, the day of ADP and ISM Services.
→ ISM Manufacturing on Monday is expected at 54.7 (prior 54.5). ISM Services on Wednesday is expected at 54.7 (prior 54.9).
$RENDER $MORPHO $ETH
MONDAY, NOV 2
🔴 14:45 UTC (9:45 AM ET): US S&P Global Manufacturing PMI (Oct)
🔴 15:00 UTC (10:00 AM ET): US ISM Manufacturing PMI (Oct)
Earnings: Apple (after the close), Palantir, Marriott and 17 others
TUESDAY, NOV 3
🔴 15:00 UTC (10:00 AM ET): US JOLTS Job Openings (Sep)
🟡 15:00 UTC (10:00 AM ET): US Factory Orders (Sep)
Earnings: AMD, Pfizer, Amgen, Shopify and 34 others
WEDNESDAY, NOV 4
🟡 10:00 UTC: Eurozone Flash CPI (Oct)
🔴 13:15 UTC (8:15 AM ET): US ADP Employment Change (Oct)
🔴 14:45 UTC (9:45 AM ET): US S&P Global Services PMI (Oct)
🔴 15:00 UTC (10:00 AM ET): US ISM Services PMI (Oct)
🔴 15:30 UTC (10:30 AM ET): US EIA Crude Oil Inventories
Earnings: Qualcomm, McDonalds, Uber, AppLovin and 34 others
THURSDAY, NOV 5
🟡 00:30 UTC (9:30 Tokyo): Japan Services PMI (Oct)
🔴 13:30 UTC (8:30 AM ET): US Initial Jobless Claims
Earnings: ConocoPhillips, Airbnb, Cigna, Monster Beverage and 39 others
FRIDAY, NOV 6
🔴 13:30 UTC (8:30 AM ET): US Nonfarm Payrolls, Unemployment Rate and Wages (Oct)
🟡 15:00 UTC (10:00 AM ET): US Michigan Consumer Sentiment (Nov)
Earnings: Vistra, Humana, Charter, Moderna and 2 others
What to watch:
→ Jobs report on Friday: consensus is +55k payrolls (September was +29k), unemployment steady at 4.2%, wages +0.3% m/m. The Fed held last week with two votes for a hike, and markets price a December hike.
→ US midterms on Tuesday: all 435 House seats and 35 Senate seats are up. Results land into Wednesday, the day of ADP and ISM Services.
→ ISM Manufacturing on Monday is expected at 54.7 (prior 54.5). ISM Services on Wednesday is expected at 54.7 (prior 54.9).
$RENDER $MORPHO $ETH
