Marco Data Impacting Asia Oct 26 - 31

30 Oct

Marco Data Impacting Asia Oct 26 - 31

US Earnings in focus with 1,063 company’s due to report. Also hopes that the stimulus talks will reach agreement.  Data includes New Home Sales, Durable Goods, Home Prices, Wholesale Inventories, Good Trade Balance, GDP Growth, Personal Spending & Income, PCE data and Michigan Data.  Covid cases will also be watched along with news on vaccines.Worth noting that more than 53 million Americans have already cast ballots in the presidential election, signalling a potential record turnout out for a November 3 election and probably means less undecided voters up for grabs.
In Europe earnings and covid will remain key drivers.  We also get German Ifo data and unemployment data.  French PPI, Unemployment data, Consumer Confidence and GDP growth.UK Nationwide Housing Prices, Consumer Credit and Mortgage Approvals
For Asia the Fifth Plenum of the Nineteenth Communist Party Congress which starts Monday will be watched for soundbites on policy and stimulus.  Other key data includes China Industrial Profits.  S Korean GDP growth,Industrial & Manufacturing Production and Retail Sales.  Japanese Retail Sales and the BoJ rate decision statement and Tokyo CPI data.

Monday 26 October
JAPAN Coincident Index and Leading Economic Index
S KOREA No data due
TAIWAN No data due
CHINA No data due Fifth Plenum of the Nineteenth Communist Party Congress starts
HONG KONG No data due Market Closed
EUROZONE No data due
GERMANY Ifo Business Climate and Current Conditions. Bundesbank Monthly Report
FRANCE No data due
UK No data due
US New Home Sales, Dallas Fed Manufacturing Report.
Key Earnings Otis, NXP Semiconductors, Twilio.

Tuesday 27 October
JAPAN No data due
S KOREA GDP Growth Rate
TAIWAN No data due
CHINA Industrial Profits, Party Conference continues.HONG KONG Balance of Trade, Exports, Imports
EUROZONE Loans to Households, Loans to Companies, M3 Money Supply
GERMANY No data due
FRANCE Unemployment Benefit Claims, Jobseekers
UK CBI Distributive Trades
US Durable Goods Orders Data, Redbook, Case Swiller Home Prices, Home Price Index, Consumer Confidence, Richmond Fed Manufacturing Index, API Crude Oil Stock Change.
Key Earnings Pfizer, Merck, Eli Lilly, Caterpillar, Stanley Black & Decker, Microsoft, AMD.

Wednesday 28 October
JAPAN No data due
S KOREA Consumer Confidence
TAIWAN No data due
CHINA No data due Party Conference Continues
HONG KONG No data due
EUROZONE No data due
GERMANY No data due
FRANCE Consumer Confidence
UK No data due
US MBA Mortgage Applications and 30 year Mortgage Rate, Goods Trade Balance, Wholesale Inventories, EIA Oil Report.
Key Earnings United Parcel, Boeing, General Electric, Ford, ServiceNow, Etsy, Pinterest

Thursday 29 October
JAPAN Retail Sales, Foreign Stock and Bond Purchases, BoJ Interest Rate Decision, Consumer Confidence
S KOREA Business Confidence
TAIWAN No data due
CHINA No data due Party Conference Continues
HONG KONG No data due
EUROZONE Consumer Confidence, Economic, Industrial and Services Sentiment, Consumer Inflation Expectations. ECB Interest Rate Decision
GERMANY Unemployment Rate and Change, Inflation Rate,
FRANCE No data due
UK Nationwide Housing Prices, Car Production, BoE Consumer Credit, Mortgage Approvals. Mortgage Lending, Net Lending to Individuals.
US GDP Growth Rate, Initial claims, 4 week Average Claims, Continuing Claims, GDP Price Index, Core PCE Prices, PCE Prices, Pending Home Sales, EIA Natural Gas Report.
Key Earnings Amazon, Apple, Alphabet, Facebook, Starbucks

Friday 30 October
JAPAN Unemployment Rate Job/Applications Ratio, Tokyo Core CPI, Industrial Production, Housing Starts, Construction Orders.
S KOREA Industrial Production, Retail Sales, Manufacturing Production, Construction Output.
TAIWAN GDP Growth Rate
CHINA No data due
EUROZONE GDP Growth Rate, Inflation Rate, Core Inflation Rate, Unemployment Rate
GERMANY GDP Growth Rate, Retail Sales, Import Prices,
FRANCE GDP Growth Rate, Inflation Rate, Household Consumption,
UK No data due
US Personal Income & Spending, PCE Price Index, Employment Cost (Index, Wages and Benefits) Core PCE Price Index, Chicago PMI, Michigan Data (Consumer Expectations, 5 year Inflation Expectations, Consumer Sentiment, Inflation Expectations, Current Conditions), Baker Hughes Oil Rig Count.Key Earnings Chevron, Exxon Mobil

Saturday 31 October
CHINA Manufacturing and Non Manufacturing PMI

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