Good Morning Traders! This Friday we get French inflation data, among our first earnings.
Here is what to keep in mind.
Sentiment
According to those with knowledge of the situation, China is considering setting up a state-backed stabilisation fund to support investor confidence in its $9.5 trillion stock market.
Concerns about whether additional support is required to maintain economic growth have increased as a result of China's consumer inflation rate unexpectedly flatlining in September while production prices continued to decline.
When Japan's life insurers begin presenting their investment intentions for the second half of the fiscal year through March, they're likely to mention additional sales of foreign bonds, notably Treasury securities.
Despite concerns that the Israel-Hamas war could destabilise the Middle East and constrain global supply, evidence of waning demand prevented oil from rising significantly for the week.
Docket
02:45 AM ET
French HICP YoY Final
Median Forecast 5.6% | Prior 5.6% | Range 5.6%/5.6%
Speakers
02:45 AM ET
ECB's Nagel Speaks & Germany's Lindner Speak
04:00 AM ET
BoE's Gov. Bailey Speaks
Earnings
05:55 AM ET
United Health Q3 2023 Earnings
EPS: $6.32 | Rev. $91.15 bln
06:15 AM ET
BlackRock Q3 2023 Earnings
EPS: $8.20| Rev. $4.51 bln
06:50 AM ET
JPMorgan Q3 2023 Earnings
EPS: $3.95| Rev. $39.92 bln
06:55 AM ET
Wells Fargo Q3 2023 Earnings
EPS: $1.25| Rev. $20.16 bln
08:00 AM ET
Citi Q3 2023 Earnings
EPS: $1.23| Rev. $19.26bln
Good Luck Today Traders!
