Overview of Important Market Events Today
Interest Rate Decision and Economic Data Release
Bank of Japan Activity: The Bank of Japan is scheduled to announce its latest interest rate decision and economic outlook report today. The market generally expects that this meeting will keep the current interest rate unchanged.
China's Swift RMB Payment Proportion: At 9 AM, China will release the data for September on the share of RMB in the global payment system.
China's Manufacturing PMI Index: At the same time, at 9:30 AM, the official will release the October Manufacturing Purchasing Managers' Index (PMI).
Eurozone and France Economic Indicators: At 3:45 PM, France will announce the initial monthly Consumer Price Index (CPI) for October. Subsequently, at 6 PM, the Eurozone will release the October CPI data and September unemployment rate.
US Labor Market and Economic Indicators: At 7:30 PM, the US will release the number of Challenger job cuts for October; at 8:30 PM, a series of important data will be announced, including the year-on-year Core Personal Consumption Expenditures (PCE) price index for September, monthly personal spending, initial jobless claims for the week ending October 26, and the quarterly labor cost index for Q3. Market expectations indicate that the year-on-year Core PCE for September may slow to 2.6%, while the monthly rate is expected to rebound to 0.3%.
Canada GDP Data: Also at 8:30 PM, Canada plans to publish the monthly GDP figure for August.
US Chicago PMI and Natural Gas Inventory: At 9:45 PM, the US will announce the Chicago Purchasing Managers' Index (PMI) for October; at 10:30 PM, it will announce the EIA natural gas inventory changes for the week ending October 25.
Market Closure Notice
Due to the typhoon, the Taiwan Stock Exchange announced a one-day trading suspension today. The above is the main events and data release schedule worth paying attention to in today's global financial markets.
