October 25 - November 1, 2026
Historic Elections in Israel and Brazil, China Holds 5th Plenum — Further Consolidating Xi Jinping’s Power, A Big Week for Central Banks, and Almost 40% of S&P 500 Report Earnings
It will be an extremely busy and important week, politically and for financial markets.
Two major elections are being held this week in Israel and Brazil. The Israeli parliamentary elections on Tuesday will decide the fate of Israel’s longest-serving Prime Minister, Benjamin Netanyahu. All 120 seats in the Israeli Knesset are up, and the latest polls show the coalition led by Netanyahu and the Likud Party is behind but very close to the opposition National Unity coalition led by former Israeli military chief Gadi Eisenkot.
Determining the ultimate winner could take weeks as both candidates will need to form a complex coalition to win a 61-seat majority needed to form a government. And whatever coalition is ultimately formed will likely be quite fragile, as any number of issues could shatter it.
Meanwhile, Brazil’s incumbent president, Luiz Inacio Lula da Silva (Lula), won a stunning come-from-behind victory over Senator Flavio Bolsonaro, the son of former President Jair Bolsonaro. Bolsonaro had won the most votes in the October 4th election but fell short of the 50 percent threshold required for victory, and polls had shown him slightly ahead and likely to win. But a determined Lula surged in the final three weeks on the campaign trail and found more than 10 million new votes, gaining ground across the entire map, particularly in major cities such as São Paulo and Rio de Janeiro. In the end, Lula won 51.8% of the vote to Bolsonaro’s 48.2%, making him Brazil’s first four-time president.
Also over the weekend, Venezuelan opposition leader and Nobel Peace Prize winner María Corina Machado returned home for the first time after more than a year in exile. Her unexpected return puts new pressure on the current Venezuelan government – and the U.S. – to speed up a democratic transition and hold national elections. Machado has called for elections by July 2027, and polling suggests she would likely defeat interim leader Delcy Rodríguez, whom the Trump administration installed after capturing President Nicolás Maduro in January. The Trump administration has told various foreign leaders it did not support or assist Machado’s return. The U.S. had previously blocked her return but this time they decided not to intervene, as she entered the country via Colombia.
In Beijing, China, this week, the Central Committee will hold its Fifth Plenum. The focus of the meeting is finding ways to strengthen Communist Party governance – which is widely seen as further tightening President Xi Jinping’s power. The meeting takes place with a number of vacancies – only 75% of the committee seats are currently filled, making this the lowest-attended plenum ever. This comes as a result of Xi’s aggressive purging of the Central Committee ranks as part of his broader anti-corruption drive. The upshot of the meeting is Xi will further lock down a fourth five-year term as president, while making clear there is no heir apparent.
Also this week, the G20 Foreign Ministers gather in Atlanta, Georgia. The meeting will be hosted by US Secretary of State Marco Rubio and comes as pressure on Ukraine by President Trump has reached new highs and the US and Iran appear to be gearing up for renewed fighting after next week’s US midterm elections.
We are also closely watching the EU-Canada Summit being held this week in Montreal. Canadian Prime Minister Mark Carney is seeking to further build on discussions with the European Union about Canada becoming an associate EU member by the end of 2027, an ambitious timeline. The summit follows Carney’s speech to the European Parliament in Strasbourg last month, where the idea of associate membership was first floated. This week’s summit will also seek to cement new agreements on mutual economic security, critical minerals, technology, energy and defense.
Turning to the global economic and financial radar screen, it is a big week for central banks and for corporate earnings.
The Federal Reserve, the European Central Bank, the Bank of Canada, the Bank of Japan, and the Reserve Bank of New Zealand all meet on interest rates.
Regionally, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meets Tuesday and announces rates on Wednesday. Also in the U.S., the Conference Board’s October Consumer Confidence survey and durable goods orders are out on Tuesday, and Q3 GDP and September PCE on Thursday.
The Bank of Canada decision on rates comes out on Wednesday, with August and preliminary September GDP on Friday.
Asia will see a busy week. The Bank of Japan’s interest rate decision and October’s Tokyo CPI print are out on Friday. South Korea’s Q3 GDP is out on Tuesday, Taiwan’s Q3 GDP is out on Friday, and China’s October NBS Manufacturing PMI is on Saturday.
In Europe, the UK Chancellor John Healey presents the Labor Government’s budget on Wednesday. The European Central Bank announces rates policy on Thursday. Also this week, we will see Germany’s October Ifo on Monday and October CPIs for Eurozone, Germany, France, and Italy on Friday.
This will be a packed earnings week globally. Nearly 40 percent of the S&P 500 report this week. Markets will be focused on a number of industrial and tech reports, including SK Hynix, Samsung Electronics and Intel.
Below is everything else we are tracking around the world in the coming week:
Sunday, October 25, 2026
Global
· The 9th World Investment Forum takes place in Doha. Organized by the United Nations Conference on Trade and Development and hosted by Qatar, it runs through October 27th under the theme "Investing in the Future."
Americas
Political/Social Events –
· Brazil holds the second round of presidential elections.
Economic & Financial Reports/Events –
· Nothing significant to report.
Asia
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Europe
Political/Social Events –
· Bulgaria holds presidential elections.
· Serbia holds parliamentary elections.
· British Summer Time officially ends. Clocks are set one hour back.
Economic & Financial Reports/Events –
· Nothing significant to report.
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· The 32nd Nigerian Economic Summit will take place in Abuja, Nigeria, under the theme "Growth that Works: Delivering Jobs, Productivity and Shared Prosperity." UN Deputy Secretary-General will deliver a keynote address.
Economic & Financial Reports/Events –
· Nothing significant to report.
Monday, October 26, 2026
Global
· The BRICS Parliamentary Forum takes place in New Delhi, India.
· The UN Security Council is scheduled to hold a briefing on children and armed conflict. In the afternoon, it will hold a briefing on Iraq and Kuwait.
Americas
Political/Social Events –
· Ontario holds municipal elections including in Hamilton, Ottawa, York, and Toronto.
Economic & Financial Reports/Events –
· Brazil FGV Consumer Confidence (October)/ BCB Focus Market Readout
· USA Chicago Fed National Activity Index (September)/ Dallas Fed Manufacturing Index (October)
· EARNINGS: Verizon, Alliance, Cadence, Rambus, Nucor, Whirlpool, The Hartford, Cemex
Asia
Political/Social Events –
· In Beijing, China, the 5th Plenum will begin. The meeting brings together top Chinese Communist Party officials of the Central Committee for a closed-door meeting, scheduled to run until Thursday. It is expected to focus on party governance and anti-corruption efforts, likely further strengthening the position of President Xi Jinping.
· The Association of Southeast Asian Nations will hold annual defense minister meetings, along with partner countries, in Lapu-Lapu, Philippines.
· The Vietnam Autum Economic Forum begins in Ho Chi Minh City. The event, held in coordination with the World Economic Forum, brings together political and business leaders from 19 countries to discuss tech, supply chain and environmental challenges. Vietnam’s prime minister will give a keynote speech at the forum, which will feature officials from India, Qatar and the U.K. as panelists.
· Bangladesh Prime Minister Tarique Rahman will visit Japan through Thursday, with a meeting scheduled with Japanese Prime Minister Sanae Takaichi. The trip comes as Dhaka pushes for greater Japanese investment in the wake of February's signing of a bilateral economic partnership agreement, which is nearing ratification in Japan.
· It is Labor Day in New Zealand, a national holiday. Markets and banks are closed.
· Sydney, Australia, will open its new Western Sydney International Airport.
Economic & Financial Reports/Events –
· Reserve Bank of Australia Assistant Governor Brad Jones participates in a panel at the AFR Super & Wealth Summit in Melbourne.
· China Communist Party Fifth Plenum
· Japan Coincident Index (August)/ Leading Economic Index (August)
· Singapore Leading Economic Index (August)
· Pakistan Interest Rate Decision
Europe
Political/Social Events –
· Serbia will hold snap legislative elections.
· The EU Agriculture and Fisheries Council meets in Luxembourg today and tomorrow. Ministers will discuss the post-2027 common agricultural policy (CAP), trade issues, Baltic Sea fishing opportunities, and issues dealing with the International Commission for the Conservation of Atlantic Tunas.
· A session of the Nordic Council will take place in the Finnish Parliament in Helsinki, Finland. The prime ministers and members of parliament from Denmark, the Faroe Islands, Greenland, Finland, Åland, Iceland, Norway and Sweden will be in attendance.
· Ireland observes the October Bank Holiday. Markets and banks are closed.
· It is National Day in Austria.
Economic & Financial Reports/Events –
· European Central Bank Board Member Frank Elderson gives the opening keynote speech at the Finance and Biodiversity Day at the17th meeting of the Conference of the Parties to the CBD (COP17) in Yerevan, Armenia.
· Spain PPI (September)
· Germany Ifo Business Climate (October)/ Ifo Current Conditions (October)/ Ifo Expectations (October)
· Slovenia Business Confidence (October)
· UK CBI Distributive Trades (October)
Middle East
Political/Social Events –
· Egypt’s Parliament is expected to vote on military authorization to support Saudi Arabia’s defense efforts against the Houthis in Yemen.
Economic & Financial Reports/Events –
· Saudi Arabia Imports/Exports/Balance of Trade (August)
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Tuesday, October 27, 2026
Global
· The UN Security Council is scheduled to hold a high-level open debate on women and peace and security, under the title "Women and peace and security in the next quarter-century: fulfilling the promise through implementation."
· The International Atomic Energy Agency Ministerial Conference on Nuclear Power begins in Incheon, South Korea, through October 29th.
Americas
Political/Social Events –
· The U.K.’s King Charles and Queen Camilla begin state visits to the Bahamas, Guyana, and Antigua and Barbuda through November 4th.
· Today is Independence Day in Saint Vincent and the Grenadines, a national holiday.
Economic & Financial Reports/Events –
· The Federal Reserve Board of the Federal Open Market Committee (FOMC) begins two days of meetings on the economy and interest rates.
· Brazil Current Account (September)/ Foreign Direct Investment (September)/ PPI (September)
· Mexico Balance of Trade (September)
· USA Building Permits (September)/ ADP Employment Change Weekly/ Durable Goods Orders (September)/ Durable Goods Orders Ex Transp (September)/ Durable Goods Orders ex Defense (September)/ Non-Defense Goods Orders Ex Air (September)/ Redbook (October/24)/ S&P/Case-Shiller Home Price (August)/ House Price Index (August)/ S&P CB Consumer Confidence (October)/ New Home Sales (September)/ Richmond Fed Manufacturing Index (October)/ Richmond Fed Manufacturing Shipments Index (October)/ Richmond Fed Services Revenues Index (October)/ Dallas Fed Services Index (October)/ Dallas Fed Services Revenues Index (October)/ Money Supply (September)/ API Crude Oil Stock Change (October/23)/ Atlanta Fed GDPNow Q3
· Canada Wholesale Sales (September)
· Chile Interest Rate Decision
· EARNINGS: SoFi, UPS, Coca Cola, Corning, PayPal, S&P Global, Robinhood, Waste Management, Boeing, Freeport-McMoRan, Principal Financial, VISA
Asia
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· South Korea Consumer Confidence (October)/ GDP Growth Rate Adv Q3
· China Industrial Profits (September)/ Communist Party Fifth Plenum
· Taiwan Consumer Confidence (October)
· Thailand Imports/Exports/Balance of Trade (September)
· Turkey Unemployment Rate (September)/ Participation Rate (September)
· EARNINGS: GoTo, Samsung Electronics, BYD, Canon, SK Hynix
Europe
Political/Social Events –
· The EU Agriculture and Fisheries Council concludes two days of meetings in Luxembourg.
· The Gas Exporting Countries Forum (GECF) Gas Summit takes place in Moscow. Iranian President Masoud Pezeshkian will attend and meet with Russian President Vladimir Putin.
· After an eight-year gap, The EU Parliament’s International Trade Committee delegation will travel to Beijing and Shanghai for talks with Chinese counterparts on fair competition and trade, better market access for European companies, industrial subsidies, secure supply chains, and critical raw materials.
Economic & Financial Reports/Events –
· European Central Bank President Christine Lagarde hosts an informal dinner and exchange of views with the Governing Council with European Commissioner for Trade and Economic Security, Maroš Šefčovič, in Frankfurt, Germany.
· UK BRC Shop Price Inflation (October)
· France Consumer Confidence (October)
· Euro Area Loans to Companies (September)/ Loans to Households (September)/ M3 Money Supply (September)
· Ireland Wholesale Prices (September)
· Spain Unemployment Rate Q3
· Greece Total Credit (September)
· EARNINGS: HSBC, Orange
Middle East
Political/Social Events –
· Israel holds parliamentary elections for all 120 seats in the Knesset. The elections will determine the next Prime Minister, either current Prime Minister Benjamin Netanyahu or former Israeli military chief Gadi Eisenkot.
Economic & Financial Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· South Africa Leading Business Cycle Indicator (August)
Wednesday, October 28, 2026
Global
· Nothing significant to report.
Americas
Political/Social Events –
· In Canada, Manitoba holds municipal elections.
Economic & Financial Reports/Events –
· The US Federal Reserve Board’s Open Market Committee (FOMC) concludes two days of meetings and announces its decision on interest rates. Federal Reserve Chair Kevin Warsh will hold a press conference at 2:30 p.m. ET.
· The Bank of Canada meets on monetary policy. BoC Governor Tiff Macklem holds a press conference following the meeting at 10:30 a.m. ET.
· USA MBA 30-Year Mortgage Rate (October/23)/ MBA Mortgage Applications (October/23)/ MBA Mortgage Market Index (October/23)/ MBA Mortgage Refinance Index (October/23)/ MBA Purchase Index (October/23)/ Goods Trade Balance Adv (September)/ Retail Inventories Ex Autos Adv (September)/ Wholesale Inventories Adv (September)/ EIA Crude Oil/Gasoline Stocks Change (October/23)/Atlanta Fed GDPNow Q3
· EARNINGS: Microsoft, Alphabet, Boston Scientific, GE Vernova, ADP, FedEx, T-Mobile, Chipotle, eBay, Ford Motor, Garmin, Raymond James
Asia
Political/Social Events –
· The EU-ASEAN Policy Dialogue begins in Malaysia and runs through October 29th.
Economic & Financial Reports/Events –
· Reserve Bank of Australia Governor Michele Bullock and other senior officials appear before the Senate Economics Legislation Committee for supplementary budget estimates via videoconference.
· Australia Inflation Rate (September)/ RBA Trimmed Mean CPI (September)/ CPI (September)/ Quarterly Inflation Rate Q3/ Quarterly RBA Trimmed Mean CPI Q3/ RBA Weighted Median CPI (September)
· New Zealand RBNZ Interest Rate Decision
· Japan BoJ JGB Purchase
· China Communist Party Fifth Plenum
· Malaysia PPI (September)
· Thailand Interest Rate Decision
· Turkey Imports/Exports/Balance of Trade (September)
· Hong Kong Imports/Exports/Balance of Trade (September)
· India Industrial Production (September)/ Manufacturing Production (September)/ M3 Money Supply (October/15)
Europe
Political/Social Events –
· Russia hosts the 3rd Russia-Africa Summit in Moscow. The event is chaired by Russian President Vladimir Putin and African Union Chair Évariste Ndayishimiye of Burundi. More than 30 African countries are expected to be represented (down from 48 in 2023).
· U.K. Chancellor of the Exchequer John Healey presents the government’s budget to Parliament.
· Today is Czech Founding Day, a national holiday in the Czech Republic.
Economic & Financial Reports/Events –
· The European Central Bank begins two days of meetings to discuss the EU economy and interest rates in Frankfurt, Germany.
· Today is the deadline for Eurogroup members to submit candidates to succeed European Central Bank Executive Board member Isabel Schnabel, who steps down January 3rd.
· Spain Consumer Confidence (September)
· UK Autumn Budget 2026
· Ireland Consumer Confidence (October)
· Germany GfK Consumer Confidence (November)
· France Unemployment Benefit Claims (September)/ Jobseekers Total (September)
· Italy Industrial Sales (August)/ PPI (September)
· Switzerland Economic Sentiment Index (October)
· Slovenia Retail Sales (September)
· Russia Unemployment Rate (September)/ Business Confidence (October)/ Corporate Profits (August)/ Industrial Production (September)/ Real Wage Growth (August)/ Retail Sales (September)
· EARNINGS: Deutsche Bank, UBS, Santander, BNP Paribas, Standard Chartered, Airbus, Dassault, Aston Martin Lagonda, BASF, Danone, GSK, Unilever
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Thursday, October 29, 2026
Global
· The UN Security Council is scheduled to hold an open debate on the maintenance of international peace and security, on emerging technologies and maritime security.
Americas
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Bank of Canada Deputy Governor Nicolas Vincent delivers opening remarks at the John Kuszczak Memorial Lecture during the Bank’s Annual Economic Conference in Ottawa.
· Brazil IGP-M Inflation (October)/ Bank Lending (September)/ Net Payrolls (September)
· Chile Unemployment Rate (September)
· Canada Average Weekly Earnings (August)
· USA PCE Price Index (September)/ GDP Growth Rate Adv Q3/ Personal Income (September)/ Personal Spending (September)/ GDP Price Index Adv Q3/ Initial Jobless Claims (October/24)/ Continuing Jobless Claims (October/17)/ PCE Prices Adv Q3/ GDP Sales Adv Q3/ Jobless Claims 4-week Average (October/24)/ Real Consumer Spending Adv Q3 / Real Personal Spending (September)/ EIA Natural Gas Stocks Change (October/23)/ 15-Year Mortgage Rate (October/29)/ 30-Year Mortgage Rate (October/29)/ Fed Balance Sheet (October/28)/ Reserve Balances with Fed Banks (October/28)/ Atlanta Fed GDPNow Q4
· Colombia Business Confidence (September)
· EARNINGS: Amazon, Caterpillar, Carrier, Eli Lilly, Vulcan Materials, L3Harris, Intel, Sandisk, Reddit, Coinbase, Starbucks, Rivian, AutoNation, Dominion Energy, General Dynamics, Regeneron
Asia
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· South Korea Business Confidence (October)
· Japan Stock Investment by Foreigners (October/24)/ Consumer Confidence (October)
· New Zealand ANZ Business Confidence (October)
· Australia Import/Export Prices Q3
· Singapore Import/Export Prices (September)/ PPI (September)
· EARNINGS: Fujitsu, Hitachi
Europe
Political/Social Events –
· The EU-Canada Summit takes place today and tomorrow in Montreal, Canada. Hosted by Canadian Prime Minister Mark Carney with an EU delegation led by European Commission President Ursula von der Leyen, the meeting is seen as an important next step following the EU’s discussion of granting Canada some sort of membership status and will in particular focus on enhancing manufacturing and mutual defense/security arrangements.
· The EU Transport, Telecommunications, and Energy Council (Energy) will meet in Luxembourg. Energy ministers will discuss a proposal for a regulation on future-proofing electricity bills in the EU, through reducing system costs and fostering electrification and digitalization. The proposal was presented by the Commission on July 17, 2026, as a targeted measure to bring down electricity prices. The proposed regulation focuses on improving grid tariff structures to make grid usage more transparent, innovative and cost-effective. It aims to support the deployment of smart grids and smart meters and includes taxation measures to promote electrification. Ministers will also examine the EU's energy security outlook for the coming winter season (2026‑2027) and beyond. The discussion will address short‑term supply and price pressures driven by Russia's war of aggression against Ukraine and the Middle East conflict, as well as longer‑term challenges, particularly the impact of climate change.
· German Chancellor Friedrich Merz begins a five-day trip to Asia. He begins with a visit to Singapore on Monday before traveling on to Japan and South Korea. Accompanying him will be 30 senior German business executives. In Japan, he and Japanese Prime Minister Sane Takaichi will take part in the German-Japanese Business Summit. From there, he will visit to South Korea, his first official visit to the country. The agenda includes trade and investment; future-industry cooperation in batteries, semiconductors and AI; defense and arms-industry cooperation; people-to-people exchanges; and regional and international issues. Merz will also give a keynote speech at the Asia-Pacific Conference of German Business in Seoul.
· The Russian Duma begins considering the 2027-2029 budget. The 2027 defense budget is reported at a record 17.1 trillion rubles, up 27% and more than a third of federal spending. A record 34.9% of spending stays classified. Euronews puts defense and security together at 44% of spending, while social spending falls 7%.
Economic & Financial Reports/Events –
· The European Central Bank concludes two days of meetings and announces its decision on interest rates. ECB President Christine Lagarde holds a press conference at 14:45 CET.
· European Central Bank Board Member Piero Cipollone gives remarks at an event titled 'One year to T+1' organized by the EU T+1 Industry Committee in Frankfurt am Main, Germany.
· UK Car Production (September)/ BoE Consumer Credit (September)/ Mortgage Approvals (September)/ Mortgage Lending (September)/ M4 Money Supply (September)/ Net Lending to Individuals (September)/ Conventional/Index-linked Gilt Tender
· Ireland GDP Growth Rate Q3/ Retail Sales (September)
· Russia M2 Money Supply (September)
· Hungary Balance of Trade (September)/ PPI (September)
· Slovakia Business Confidence (October)/ Consumer Confidence (October)
· Spain Retail Sales (September)/ Business Confidence (October)
· Italy Unemployment Rate (September)/ Business Confidence (October)/ Consumer Confidence (October)
· Euro Area Economic Sentiment (October)/ Consumer Confidence (October)/ Consumer Inflation Expectations (October)/ Industrial Sentiment (October)/ Selling Price Expectations (October)/ Services Sentiment (October)/ Deposit Facility Rate/ Marginal Lending Rate/ ECB Press Conference
· Ukraine Interest Rate Decision
· EARNINGS: BBVA, Societe Generale, Lloyds Banking Group, BP, AstraZeneca, Mercedes-Benz, AB InBev, Volkswagen, Renault, Repsol, TotalEnergies, Shell, Adidas, AXA, Amundi, WPP, Linde, ING, Glencore
Middle East
Political/Social Events –
· The 13th Summit of the Organization of Turkic States will take place in Ankara, Turkey.
· Today is Republic Day in Turkey, a national holiday.
Economic & Financial Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· South Africa M3 Money Supply (September)/ Private Sector Credit (September)/ PPI (September)
· Egypt Interest Rate Decision/ Overnight Lending Rate
Friday, October 30, 2026
Global
· The G20 Foreign Ministers’ Meeting, hosted by U.S. Secretary of State Marco Rubio, takes place in Atlanta, Georgia, through October 31st.
· The UN Security Council is scheduled to adopt resolutions on Colombia, Bosnia and Herzegovina, to hold a debate on Bosnia and Herzegovina, and to adopt resolutions on the United Nations Support Mission in Libya (UNSMIL) and the United Nations Mission for the Referendum in Western Sahara (MINURSO).
Americas
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· St. Louis Federal Reserve Bank President Alberto Musalem speaks on the U.S. economy and monetary policy before a Shadow Open Market Committee meeting at the Penn Club in New York.
· The San Francisco Federal Reserve Bank holds its 2026 Economic Research Symposium on AI and the Economy in San Francisco, California. San Francisco Fed President Mary Daly will give opening remarks.
· Brazil Gross Debt to GDP (September)/ Nominal Budget Balance (September)/ Unemployment Rate (September)
· Chile Copper Production (September)/ Industrial Production (September)/ Manufacturing Production (September)/ Retail Sales (September)
· Mexico GDP Growth Rate Adv Q3/ Fiscal Balance (September)
· Canada GDP (August)/ Budget Balance (August)
· USA Employment Cost - Benefits Q3/ Employment Cost - Wages Q3/ Employment Cost Index Q3/ Chicago PMI (October)/ Current Account (September)/Baker Hughes Oil Rig Count (October/30)/ Baker Hughes Total Rigs Count (October/30)
· Colombia Unemployment Rate (September)/ Interest Rate Decision/ Cement Production (September)
· Uruguay Balance of Trade (September)
· EARNINGS: Canadian National Railway, Colgate-Palmolive, Exxon Mobil, Chevron, Universal Music
Asia
Political/Social Events –
· Following historic regional elections in September, the Bangsamoro Parliament in the Philippines will hold its first session and elect its first chief minister. The move marks a crucial step toward securing long-term economic stability and enduring peace in a region shaped by decades of conflict.
· Foxconn will host its annual Tech Day, highlighting several key growth areas, including artificial intelligence, automobiles and robotics. Under the theme "Accelerating Imagination," the event will feature a lineup of global tech leaders from the likes of Nvidia, OpenAI, Alphabet, IBM, ABB Robotics, Uber and FUSO, highlighting the company's transformation into an AI-driven technology platform.
Economic & Financial Reports/Events –
· The Bank of Japan concludes two days of policy meetings and announces their decision on interest rates.
· New Zealand ANZ Roy Morgan Consumer Confidence (October)
· South Korea Industrial Production (September)/ Retail Sales (September)
· Japan Unemployment Rate (September)/ Jobs/applications ratio (September)/ Tokyo CPI (October)/ Tokyo CPI Ex Food and Energy (October)/ Industrial Production (September)/ Retail Sales (September)/ BoJ Interest Rate Decision/ Housing Starts (September)/ Construction Orders (September)
· Australia PPI Q3/ Housing Credit (September)/ Private Sector Credit (September)
· Philippines Imports/Exports/Balance of Trade (September)/ PPI (September)
· Singapore Bank Lending (September)/ Unemployment Rate Q3/ Business Confidence Q3
· Thailand Industrial Production (September)/ Current Account (September)/ Private Consumption (September)/ Private Investment (September)/ Retail Sales (August)
· Malaysia M3 Money Supply (September)
· Turkey Economic Confidence Index (October)/ Tourism Revenues Q3/ Tourist Arrivals (September)/ MPC Meeting Summary
· Taiwan GDP Growth Rate Adv Q3
· India Government Budget Value (September)/ Bank Loan Growth (October/16)/ Deposit Growth (October/16)/ Foreign Exchange Reserves (October/23)
· EARNINGS: Mediatek, Indian Oil Corporation, China Vanke, Panasonic
Europe
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· European Central Bank Chief Economist Philip Lane gives a keynote speech at the Research Symposium on AI and the Economy organized by Federal Reserve Bank of San Francisco in San Francisco, California.
· France GDP Growth Rate Q3/ Household Consumption (September)/ Inflation Rate (October)/ Harmonized Inflation Rate (October)/ PPI (September)/ Private Non-Farm Payrolls Q3
· Germany Import Prices (September)/ Unemployed Persons (October)/ Unemployment Change (October)/ Unemployment Rate (October)/ GDP Growth Rate Flash Q3/ Baden Wuerttemberg CPI (October)/ Bavaria CPI (October)/ Brandenburg CPI (October)/ Hesse CPI (October)/ North Rhine-Westphalia CPI (October)/ Saxony CPI (October)/ Inflation Rate (October)
· Romania Unemployment Rate (September)/ Harmonized Inflation Rate (October)
· UK Nationwide Housing Prices (October)/ DMP 1Y CPI Expectations (October)/ DMP 3M Output Price Expectations (October)/ BoE Mills Speech
· Hungary GDP Growth Rate Q3
· Switzerland Retail Sales (September)/ KOF Leading Indicators (October)
· Spain GDP Growth Rate Flash Q3/ Inflation Rate (October)/ Harmonized Inflation Rate (October)/ Current Account (August)
· Poland Inflation Rate (October)
· Italy GDP Growth Rate Adv Q3/ Inflation Rate (October)/ Harmonized Inflation Rate (October)
· Slovenia Harmonized Inflation Rate (October)/ Inflation Rate (October)
· Euro Area GDP Growth Rate Flash Q3/ Unemployment Rate (September)
· Greece PPI (September)/ Retail Sales (August)/ Unemployment Rate (September)
· Serbia Balance of Trade (September)/ Industrial Production (September)/ Retail Sales (September)
· EARNINGS: Audi, NatWest Group, Capgemini, Credit Agricole, Sanofi, BP, AbbVie
Middle East
Political/Social Events –
· The International Institute for Strategic Studies holds its Manama Dialogue in Bahrain.
Economic & Financial Reports/Events –
· Israel Inflation Expectations (October)
· Saudi Arabia M3 Money Supply (September)/ Private Bank Lending (September)
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· South Africa Balance of Trade (September)
Saturday, October 31, 2026
Global
· Nothing significant to report.
Americas
Political/Social Events –
· Mexico celebrates the Day of the Dead parade in Mexico City.
Economic & Financial Reports/Events –
· Nothing significant to report.
Asia
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· China NBS Manufacturing PMI (October)/ NBS Non-Manufacturing PMI (October)/ NBS General PMI (October)
· Sri Lanka Inflation Rate (October)/ PPI (September)/ Balance of Trade (September)
Europe
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Russia GDP (September)
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Kenya Inflation Rate (October)
· Nigeria Foreign Exchange Reserves (October)
· Zimbabwe Inflation Rate (October)
· South Africa Budget Balance (September)
Sunday, November 1, 2026
Global
· OPEC+ meets virtually on oil production.
· Latvia assumes the chair of the UN Security Council for the month of November.
Americas
Political/Social Events –
· Daylight Saving Time begins the U.S. Don’t forget to set your clock back an hour.
· Today is Independence Day in Antigua, a national holiday.
Economic & Financial Reports/Events –
· Nothing significant to report.
Asia
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· South Korea Imports/Exports/Balance of Trade (October)
Europe
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Saudi Arabia GDP Growth Rate Q3
Africa
Political/Social Events –
· France, Gabon and Cote d'Ivoire will hold the GEX 26 military exercises.
Economic & Financial Reports/Events –
· Nothing significant to report.
Looking at the Weeks (and Months) Ahead
· October 25: Brazil holds its presidential runoff election.
· October 25-27: The UN Trade and Development (UNCTAD) 9th World Investment Forum takes place in Doha, Qatar.
· October 26-29: China holds the Fifth Plenary Session of the party’s 20th Central Committee, the most important political meeting for the Chinese Communist Party each year.
· October 27: Israel holds legislative elections, which will determine who will be the next prime minister.
· October 28-29: The 3rd Russia-Africa Summit is held in Moscow.
· October 3031: The G20 Foreign Ministers meeting is held in Atlanta, Georgia.
· November 3: The US midterm elections are to be held. All 435 members of the US House of Representatives, 1/3 of the US Senate, 36 governors, and 6,000 state legislative seats will be decided.
· November 7: New Zealand holds general elections.
· November 9-20: The United Nations’ COP31 Conference will be held in Antalya, Turkey.
· November 18-19: The APEC Summit will be held in Shenzhen, China.
· November 29: Spain holds snap parliamentary elections.
· December 1: The UK takes over the presidency of the G20.
· December 2-4: The UN Water Conference is held in the UAE.
· December 10: The G20 Sherpa Meeting IV will be held in Miami, Florida.
· December 14-15: The G20 Leaders’ Summit will be held at the Trump National Doral in Miami, Florida.
2027
· January 1: The US takes over the presidency of the G7.
· January 16: Nigeria holds general elections.
· January 18-22: The World Economic Forum is held in Davos, Switzerland.
· January 30: Germany holds presidential elections.
· February 12-14: The Munich Security Forum is held in Munich, Germany.
· April 12-18: The IMF/World Bank Spring Meetings take place in Washington, D.C.
· April 18: France holds presidential elections. If needed, a second round has been set for May 2.