The FOMC meeting on Wednesday is the most important event this week. While the general expectation is still that the committee ends QE, St. Louis Fed President Bullard’s comments nearly 2 weeks ago about possibly delaying the end of QE has led to some uncertainty around the outcome of this week’s meeting. In addition, traders will be keenly focused on any changes to forward rate guidance.
As for economic data, the first estimate of Q3 GDP comes out on Thursday morning, at 8:30 am. The consensus expectation is for 3.0%. Outside of the GDP release, Durable Goods data is on Tuesday and Personal Income and Personal Spending data is released on Friday in the U.S.
In Europe, the latter half of the week includes releases of retail sales, CPI, and employment data. In Asia, Japanese jobs data is on Thursday, and the BoJ’s monetary policy statement is on Thursday night.
Finally, earnings season remains in full swing. Here are some of the notable reports:
Monday, October 27th
- AGN earnings before the open
- MRK earnings before the open
- HUN earnings before the open
- CFG earnings before the open
- AWI earnings before the open
- EXAS earnings before the open
- BEN earnings before the open
- TWTR earnings after the close
- AMGN earnings after the close
- BWLD earnings after the close
- KN earnings after the close
- MAS earnings after the close
- MTW earnings after the close
- HIG earnings after the close
- ALSN earnings after the close
- TMUS earnings after the close
Tuesday, October 28th
- PFE earnings before the open
- DD earnings before the open
- CMI earnings before the open
- GLW earnings before the open
- HOT earnings before the open
- NBL earnings before the open
- PH earnings before the open
- ECL earnings before the open
- PCAR earnings before the open
- AGCO earnings before the open
- MLM earnings before the open
- ACI earnings before the open
- CIT earnings before the open
- WHR earnings before the open
- AET earnings before the open
- SIRI earnings before the open
- CNX earnings before the open
- SAVE earnings before the open
- SHW earnings before the open
- CLF earnings before the open
- AMTD earnings before the open
- FCX earnings before the open
- FB earnings after the close
- GILD earnings after the close
- WYNN earnings after the close
- WDC earnings after the close
- VRTX earnings after the close
- EA earnings after the close
- MCK earnings after the close
- MAR earnings after the close
- INVN earnings after the close
- CHRW earnings after the close
- APC earnings after the close
- OI earnings after the close
- TRN earnings after the close
- X earnings after the close
- PNRA earnings after the close
- ESRX earnings after the close
- NFX earnings after the close
- XCO earnings after the close
Wednesday, October 29th
- SPWR earnings before the open
- HES earnings before the open
- ADP earnings before the open
- ETN earnings before the open
- HSY earnings before the open
- PX earnings before the open
- IACI earnings before the open
- WLP earnings before the open
- RAYM earnings before the open
- SEE earnings before the open
- SO earnings before the open
- MHFI earnings before the open
- RL earnings before the open
- ALLY earnings before the open
- PSX earnings before the open
- GT earnings before the open
- EXC earnings before the open
- V earnings after the close
- KRFT earnings after the close
- FFIV earnings after the close
- RFMD earnings after the close
- AKAM earnings after the close
- GLUU earnings after the close
- CAVM earnings after the close
- DWA earnings after the close
- ATML earnings after the close
- JDSU earnings after the close
- KEX earnings after the close
- ARRS earnings after the close
- FLEX earnings after the close
- CAR earnings after the close
- SFLY earnings after the close
- FMC earnings after the close
- WMB earnings after the close
- WTW earnings after the close
- ALL earnings after the close
- RRC earnings after the close
- MET earnings after the close
Thursday, October 30th
- COP earnings before the open
- APD earnings before the open
- JCI earnings before the open
- AVP earnings before the open
- HST earnings before the open
- MGM earnings before the open
- CAH earnings before the open
- UPL earnings before the open
- RDN earnings before the open
- IRM earnings before the open
- OCN earnings before the open
- CME earnings before the open
- MA earnings before the open
- WWE earnings before the open
- TWC earnings before the open
- BG earnings before the open
- MO earnings before the open
- MOS earnings before the open
- CI earnings before the open
- GNC earnings before the open
- AMT earnings before the open
- K earnings before the open
- PBI earnings before the open
- IVZ earnings before the open
- SBUX earnings after the close
- WU earnings after the close
- MYL earnings after the close
- BYD earnings after the close
- LNKD earnings after the close
- EXPE earnings after the close
- GPRO earnings after the close
- GRPN earnings after the close
- EMN earnings after the close
- NEM earnings after the close
- TSO earnings after the close
- FLR earnings after the close
Friday, October 31st
- XOM earnings before the open
- CVX earnings before the open
- CLX earnings before the open
- WY earnings before the open
- ABBV earnings before the open
- LM earnings before the open
- MSG earnings before the open
- HLT earnings before the open
- NEE earnings before the open
- WETF earnings before the open
- D earnings before the open
- CHTR earnings before the open