Monday

1.30am – China mfg PMI (October): expected to fall to 50 from 50.1. Markets to watch: China indices, CNH crosses

5am – Japan consumer confidence (October): index to rise to 31. Markets to watch: JPY crosses

10am – eurozone GDP (Q3, flash) inflation (October, flash): growth to slow to 1% YoY from 4.1% and -0.1% QoQ from 0.8%, while inflation rises to 10.1% YoY from 9.9%. Markets to watch: EUR crosses

Tuesday

1.45am – China Caixin mfg PMI (October): this non-states survey is expected to rise to 48.4 from 48.1. Markets to watch: CNH crosses

3.30am – RBA rate decision: rates to rise 25bps to 2.85%. Markets to watch: AUD crosses

2pm – US ISM mfg PMI (October), JOLTS job openings (September): ISM PMI to fall to 50.4 from 50.9 and job openings to rise to 10.2 million from 10.05 million. Markets to watch: USD crosses

Wednesday

12.15pm – US ADP employment report (October): 190K jobs expected to have been created, down from 208K last month. Markets to watch: US indices, USD crosses

3.30pm – US EIA crude oil inventories (w/e 28 October): stockpiles rose by 2.6 million barrels in the previous week. Markets to watch: Brent, WTI

6pm – FOMC rate decision (press conference 6.30pm): rates are expected to rise to 4% as the Fed goes for another shock-and-awe 75bps rise. But this is already priced in, and the key will be the statement and press conference that will give hints on how much further, and how fast, the Fed thinks it has to go. Markets to watch: US indices, USD crosses

Thursday

12pm – Bank of England rate decision: a big move is expected here, with UK rates rising 75bps to a post-crisis high of 3%. Such a rise would be the biggest since 1992 for the UK. Markets to watch: GBP crosses

2pm – US ISM non-mfg PMI (October): index to fall to 56 from 56.7. Markets to watch: USD crosses

Friday

12.30am – RBA statement on monetary policy. Markets to watch: AUD crosses

12.30pm – US non-farm payrolls (October): payrolls to rise by 200K, down from 263K last month, while the unemployment rate rises to 3.6%. Average hourly earnings to rise 0.3% MoM and 5% YoY, in line with September’s figure. Markets to watch: US indices, USD crosses

12.30pm – Canada employment report (October): unemployment rate to rise to 5.4% from 5.2%. Markets to watch: CAD crosses

2pm – Canada Ivey PMI (October): index to fall to 57 from 59.5. Markets to watch: CAD crosses

Company announcements