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
