Important Economic News Calendar: November 4 – November 8, 2019

November 4, 2019

The markets will likely take some breather in the coming week following last week’s huge economic data announcements. But that does not mean there won’t be trading opportunities coming from the data releases. Last week we asked if quarterly corporate earnings would push stock prices to new record highs, and they did! But will optimism in stocks, gold, oil and the Euro remain after the next set of economic news releases? Let’s take a look at this week’s schedule.

The week behind

In our last week’s news letter calendar we pointed out.

that it will be a very busy week packed with economic data, earnings releases. That was indeed the case. Wednesday’s FOMC’s rate decision release was the main turning point for the financial markets. Stocks, gold, oil and the Euro rallied, but then they turned lower. The rally resumed later in the week, as investors reacted to series of big quarterly corporate earnings releases along with the important Friday’s Non-Farm Payrolls release. The broad stock market has reached new record high, gold has broken above $1,500 price again. But there were also some important data releases outside of the U.S. - Central Banks’ announcements caused tradable currency fluctuations.

The week ahead

What about the coming week? It will be worth paying attention to the Tuesday’s ISM Non-Manufacturing PMI release, as it may move markets. Then there will be a series of economic data from the Eurozone and Canada along with monetary policy statements in Australia and the U.K. The quarterly earnings season in the U.S. is coming to an end, but we still can see some volatility there. Let’s take a look at key highlights:

  • Tuesday’s ISM Non-Manufacturing PMI release will likely be the most important market moving event this week.

  • There will be a series of Eurozone’s economic data releases throughout the whole week.

  • Tuesday’s and Wednesday’s oil inventories data releases may be important for the price of oil, as it is at resistance level again.

  • The monetary policies of Australia and the U.K. may get adjusted this week and their currencies will likely follow the news.

  • Last but not least, quarterly earnings season is still going. We will get reports from BA, BIDU, CVS, DIS, HUM, NEM, REGN, QCOM, among others.

You will find this week’s the key news releases below (EST time zone). For your convenience, we broken them down per market to which they are particularly important, so that you know what to pay extra attention to, if you have or plan to have positions in one of them. Moreover, we put the particularly important news in bold. This kind of news is what is more likely to trigger volatile movements. The news that are not in bold usually don’t result in bigger intraday moves, so unless one is engaging in a particularly active form of day trading, it might be best to focus on the news that we put in bold. Of course, you are free to use the below indications as you see fit. As far as we are concerned, we are usually not engaging in any day trading during days with “bold” events on a given market. However, in case of more medium-term trades, we usually choose to be aware of the increased intraday volatility, but not change the currently opened position.

Gold, Silver and Mining Stocks

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m

  • 1:30 p.m. Eurozone - ECB President Lagarde Speech

  • 8:45 p.m. China - Caixin Services PMI

  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, November 5

  • Before Open U.S. - NEM, REGN Quarterly Earnings

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

Wednesday, November 6

  • Before Open U.S. – BA, CVS, HUM Quarterly Earnings

  • 8:00 a.m. U.S. - FOMC Member Evans Speech

  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 5:00 a.m. Eurozone - EU Economic Forecasts

  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes

  • 7:30 a.m. U.K. - BOE Governor Carney Speech

  • 7:30 p.m. Australia - RBA Monetary Policy Statement, Home Loans m/m

  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Building Permits m/m

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

Crude Oil

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m

  • 1:30 p.m. Eurozone - ECB President Lagarde Speech

  • 8:45 p.m. China - Caixin Services PMI

  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, November 5

  • 8:30 a.m. Canada - Trade Balance

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech

  • 10:30 a.m. U.S. - Crude Oil Inventories

  • 10:30 a.m. U.S. - FOMC Member Williams Speech

  • 7:30 p.m. Australia - Trade Balance

Thursday, November 7

  • 5:00 a.m. Eurozone - EU Economic Forecasts

  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes

  • 7:30 a.m. U.K. - BOE Governor Carney Speech

  • 7:30 p.m. Australia - RBA Monetary Policy Statement, Home Loans m/m

  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Building Permits m/m

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

Stock Markets

Monday, November 4

  • 4:00 a.m. Eurozone - Final Manufacturing PMI

  • 4:30 a.m. Eurozone - Sentix Investor Confidence

  • 10:00 a.m. U.S. - Factory Orders m/m

  • 1:30 p.m. Eurozone - ECB President Lagarde Speech

  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • Before Open U.S. - NEM, REGN Quarterly Earnings

  • 8:30 a.m. U.S. - Trade Balance

  • 9:45 a.m. U.S. - Final Services PMI

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 6

  • 4:00 a.m. Eurozone - Final Services PMI

  • 5:00 a.m. Eurozone - Retail Sales m/m

  • Before Open U.S. – BA, CVS, HUM Quarterly Earnings

  • 8:00 a.m. U.S. - FOMC Member Evans Speech

  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q

  • 10:30 a.m. U.S. - Crude Oil Inventories

  • 10:30 a.m. U.S. - FOMC Member Williams Speech

  • After Close U.S. – BIDU, QCOM Quarterly Earnings

Thursday, November 7

  • 5:00 a.m. Eurozone - EU Economic Forecasts

  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes

  • 7:30 a.m. U.K. - BOE Governor Carney Speech

  • 8:30 a.m. U.S. – Unemployment Claims

  • After Close U.S. – DIS Quarterly Earnings

  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m

  • 8:30 p.m. China – Consumer Price Index y/y, Producer Price Index y/y

EUR/USD

Monday, November 4

  • 3:15 a.m. Eurozone - Spanish Manufacturing PMI

  • 3:45 a.m. Eurozone - Italian Manufacturing PMI

  • 3:50 a.m. Eurozone - French Final Manufacturing PMI

  • 3:55 a.m. Eurozone - German Final Manufacturing PMI

  • 4:00 a.m. Eurozone - Final Manufacturing PMI

  • 4:30 a.m. Eurozone - Sentix Investor Confidence

  • 10:00 a.m. U.S. - Factory Orders m/m

  • 1:30 p.m. Eurozone - ECB President Lagarde Speech

  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • 3:00 a.m. Eurozone - Spanish Unemployment Change

  • 5:00 a.m. Eurozone - Producer Price Index m/m

  • 8:30 a.m. U.S. - Trade Balance

  • 9:45 a.m. U.S. - Final Services PMI

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

Wednesday, November 6

  • 2:00 a.m. Eurozone - German Factory Orders m/m

  • 3:15 a.m. Eurozone - Spanish Services PMI

  • 3:45 a.m. Eurozone – Italian Services PMI

  • 3:50 a.m. Eurozone – French Services PMI

  • 3:55 a.m. Eurozone – German Services PMI

  • 4:00 a.m. Eurozone - Final Services PMI

  • 5:00 a.m. Eurozone - Retail Sales m/m

  • 8:00 a.m. U.S. - FOMC Member Evans Speech

  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q

  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 2:00 a.m. Eurozone - German Industrial Production m/m

  • 5:00 a.m. Eurozone - EU Economic Forecasts

  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes

  • 7:30 a.m. U.K. - BOE Governor Carney Speech

  • 8:30 a.m. U.S. – Unemployment Claims

  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 2:00 a.m. Eurozone - German Trade Balance

  • 2:45 a.m. Eurozone - French Industrial Production m/m, French Preliminary Private Payrolls q/q, French Trade Balance

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m

  • 8:30 p.m. China – Consumer Price Index y/y, Producer Price Index y/y

  • All Day, Eurozone - ECOFIN Meetings

USD/JPY

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m

  • 1:30 p.m. Eurozone - ECB President Lagarde Speech

  • 6:50 p.m. Japan - Monetary Base y/y

  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • 8:30 a.m. U.S. - Trade Balance

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

  • 6:50 p.m. Japan - Monetary Policy Meeting Minutes

  • 7:30 p.m. Japan - Services PMI

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech

  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q

  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 8:30 a.m. U.S. – Unemployment Claims

  • 6:30 p.m. Japan - Average Cash Earnings y/y, Household Spending y/y

  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 0:00 a.m. Japan - Leading Indicators

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

  • 8:30 p.m. China – Consumer Price Index y/y, Producer Price Index y/y

GBP/USD

Monday, November 4

  • 4:30 a.m. U.K. - Construction PMI

  • 10:00 a.m. U.S. - Factory Orders m/m

  • 1:30 p.m. Eurozone - ECB President Lagarde Speech

  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • 4:30 a.m. U. K. - Services PMI

  • 8:30 a.m. U.S. - Trade Balance

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech

  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q

  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 5:00 a.m. Eurozone - EU Economic Forecasts

  • 7:00 a.m. U.K. - Official Bank Rate, Monetary Policy Summary, BOE Inflation Report, MPC Official Bank Rate Votes

  • 7:30 a.m. U.K. - BOE Governor Carney Speech

  • 8:30 a.m. U.S. – Unemployment Claims

Friday, November 8

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m

  • All Day, Eurozone - ECOFIN Meetings

USD/CAD

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m

  • 1:30 p.m. Eurozone - ECB President Lagarde Speech

  • 8:45 p.m. China - Caixin Services PMI

Tuesday, November 5

  • 8:30 a.m. U.S. - Trade Balance

  • 8:30 a.m. Canada - Trade Balance

  • 9:45 a.m. U.S. - Final Services PMI

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech

  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q

  • 10:00 a.m. Canada - Ivey PMI

  • 10:30 a.m. U.S. - Crude Oil Inventories

  • 10:30 a.m. U.S. - FOMC Member Williams Speech

Thursday, November 7

  • 8:30 a.m. U.S. – Unemployment Claims

  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:15 a.m. Canada - Housing Starts

  • 8:30 a.m. Canada - Employment Change, Unemployment Rate, Building Permits m/m

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m

  • 8:30 p.m. China – Consumer Price Index y/y, Producer Price Index y/y

AUD/USD

Monday, November 4

  • 10:00 a.m. U.S. - Factory Orders m/m

  • 4:30 p.m. Australia - AIG Services Index

  • 8:45 p.m. China - Caixin Services PMI

  • 10:30 p.m. Australia - RBA Rate Statement, Cash Rate

Tuesday, November 5

  • 8:30 a.m. U.S. - Trade Balance

  • 9:45 a.m. U.S. - Final Services PMI

  • 10:00 a.m. U.S. - ISM Non-Manufacturing PMI, JOLTS Job Openings

  • 4:30 p.m. U.S. - API Weekly Crude Oil Stock

Wednesday, November 6

  • 8:00 a.m. U.S. - FOMC Member Evans Speech

  • 8:30 a.m. U.S. - Preliminary Nonfarm Productivity q/q, Preliminary Unit Labor Costs q/q

  • 10:30 a.m. U.S. - Crude Oil Inventories

  • 10:30 a.m. U.S. - FOMC Member Williams Speech

  • 4:30 p.m. Australia - AIG Construction Index

  • 7:30 p.m. Australia - Trade Balance

Thursday, November 7

  • 8:30 a.m. U.S. – Unemployment Claims

  • 7:30 p.m. Australia - RBA Monetary Policy Statement, Home Loans m/m

  • Tentative, China - Trade Balance, USD-Denominated Trade Balance

Friday, November 8

  • 8:30 a.m. U.S. - FOMC Member Brainard Speech

  • 10:00 a.m. U.S. - Preliminary UoM Consumer Sentiment, Final Wholesale Inventories m/m

  • 8:30 p.m. China – Consumer Price Index y/y, Producer Price Index y/y

Thank you for staying up-to-date and good luck in all your trades. If you’d like to receive notifications similar to the above on each Monday free of charge, we invite you to sign up for our free mailing list. If you sign up today, you’ll also get 7 days of free access to our premium Trading Alerts for Precious Metals, Crude Oil, and Currencies, as well as our Day Trading Signals. Sign up today.

Paul Rejczak

Stock Trading Strategist

Sunshine Profits - Effective Investments through Diligence and Care

* * * * *

Disclaimer

All essays, research and information found above represent analyses and opinions of Paul Rejczak and Sunshine Profits' associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Paul Rejczak and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Rejczak is not a Registered Securities Advisor. By reading Paul Rejczak’s reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Paul Rejczak, Sunshine Profits' employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

********

Paul Rejczak is a stock market strategist, who has been known for quality of his technical and fundamental analysis since the late nineties. He is interested in forecasting market behavior based on both traditional and innovative methods of technical analysis. Paul has made his name by developing mechanical trading systems. Paul is the author of Sunshine Profits’ premium service for stock traders: Stock Trading Alerts.

Gold ETFs outflow reaches Rs 462 crore in Apr-Aug of FY'17