Newsquawk Daily Economic Release - 11th November 2026

• Holiday: US Veterans Day; Canadian Remembrance Day
• Data: German Final Inflation (Oct), Japanese PPI (Oct)
• Events: OPEC MOMR
• Speakers: RBA’s Baker; ECB's Cipollone, Lagarde
• Supply: Australia, Germany, UK
• Earnings: Siemens Energy, RWE, Alcon, ABN AMRO

Full PDF can be found in the Newsquawk Research Suite

This is a forward calendar, not a data print, so the signal is in the sequence rather than any number. With US bond settlement and some Canadian desks out for the holiday, past sessions of this kind have tended to run on thinner liquidity, which can amplify the price response to second-tier releases even when the data itself is routine. The German print is a final reading and, as is typical for confirmations, has historically mattered only where it revises the flash; the Japanese PPI is the more live input for upstream price pressure into the BoJ's thinking. On the speaker slate, Lagarde is the headline act but the market-moving pattern in past cycles has been whether commentary lands on the timing and pace of the path rather than the direction, while RBA remarks have tended to matter most when they lean against the prevailing inflation narrative. The follow-ons are the OPEC monthly report for any shift in the balance framing, and the supply calendars across Australia, Germany and the UK, where the belly and long end have been more sensitive when turnover is light. Earnings are stock-specific, with Siemens Energy and RWE the cleanest read-through to European power pricing and grid capex rather than the index level.