Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
AED • EUR • GBP • USD IBANs   |   CROSS BORDER FX   |   LOCAL CURRENCIES   |   GLOBAL COVERAGE
Economic Calendar

Economic Calendar: NFP Report in the Spotlight of Financial Markets

The spotlight of global financial markets is firmly on the release of the U.S. labor market report for October. Above all, the Non-Farm Payrolls (NFP) print will serve the Federal Reserve as a key benchmark ahead of upcoming interest rate decisions. Market sentiment across European and U.S. bourses is shaped by recent pullbacks in the technology sector and ongoing reactions to the U.S. midterm election outcomes. Elevated volatility is anticipated primarily across USD currency pairs, Wall Street equity indices, and the gold market.

Macroeconomic Calendar (CET)

  • 08:00 Germany – Industrial Production m/m. Consensus: 0.0%. Previous: 2.0%.
  • 08:00 Germany – Trade Balance. Consensus: 18.5B EUR. Previous: 17.8B EUR.
  • 14:30 USA – Nonfarm Payrolls. Consensus: 65K. Previous: 29K.
  • 14:30 USA – Unemployment Rate. Consensus: 4.2%. Previous: 4.2%.
  • 14:30 USA – Average Hourly Earnings m/m. Consensus: 0.3%. Previous: 0.1%.
  • 14:30 USA – Average Hourly Earnings y/y. Consensus: 2.9%. Previous: 3.0%.
  • 14:30 USA – Private Nonfarm Payrolls. Consensus: 64K. Previous: 46K.
  • 14:30 Canada – Net Employment Change. Consensus: 20.0K. Previous: 46.7K.
  • 14:30 Canada – Unemployment Rate. Consensus: 6.6%. Previous: 6.5%.
  • 16:00 USA – Michigan Consumer Sentiment. Consensus: 47.8. Previous: 48.0.
  • 16:00 USA – Michigan 1-Year Inflation Expectations. Consensus: N/A. Previous: 4.7%.
  • 18:15 USA – Fed Governor Michelle Bowman Speaks.
  • 19:00 USA – Baker Hughes U.S. Oil Rig Count. Consensus: N/A. Previous: 462.
  • 21:00 USA – Consumer Credit. Consensus: 12.00B USD. Previous: 8.28B USD.

Corporate Earnings

  • Moderna Inc (MRNA) – pre-market on Wall Street
  • Humana Inc (HUM) – pre-market on Wall Street
  • Charter Communications Inc (CHTR) – pre-market on Wall Street
  • Vistra Corp (VST) – pre-market on Wall Street
  • Sun Life Financial Inc (SLF) – pre-market on Wall Street

3 Markets to Watch

  1. EURUSD – The primary recipient of volatility stemming from the NFP report. Any divergence in headline payrolls and wage growth against the consensus will drive the short-term trajectory of the U.S. dollar and Treasury yields.
  2. S&P 500 / Nasdaq 100 – A critical resilience test for U.S. benchmark indices. A higher-than-expected payroll print may reignite concerns over prolonged Fed hawkishness, whereas an overly weak reading could revive fears regarding the pace of the economic cooldown.
  3. Gold – Highly sensitive to unexpected shifts in hourly wage growth and the unemployment rate via their immediate transmission into U.S. real yields and the dollar index.
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