Newsquawk Weekly Economic Release 26th - 30th October 2026

NOTE: On 25th October, UK clocks change. Therefore, the LN-NY time difference changes from 5hrs to 4hrs until Sunday, 1st November; NY clocks then change, reverting the time difference back to 5hrs.

• Data: Swedish PPI (Sep), German Ifo (Oct)
• Events: US Treasury Buyback (Liquidity Support; 20Y-30Y), Chinese Fifth Plenum
• Speakers: ECB’s Elderson
• Supply: EZ, US
• Earnings: Verizon

• Data: Chinese Industrial Profits (Sep), US ADP Employment Change Weekly, Durable Goods (Sep), Richmond Fed Index (Oct), Dallas Fed Index (Oct), Atlanta Fed GDPNow
• Events: Israeli legislative election for the Knesset
• Supply: Australia, UK, Italy, Germany, US
• Earnings: SoFi, Coca-Cola, UPS, Corning, PayPal, Boeing, S&P Global, Robinhood, Seagate, Visa, SK Hynix, HSBC, Novartis

• Data: Australian CPI (Sep), German GfK Consumer Confidence (Nov), Italian Industrial Sales (Aug), PPI (Sep), US Atlanta Fed GDPNow
• Events: Fed Policy Announcement (Oct), BoC Policy Announcement (Oct), RBNZ Policy Announcement (Oct), UK Autumn Budget
• Speakers: RBA’s Hauser, Bullock, Hunter, Jones, Kent; RBNZ Governor Breman; BoC’s Macklem; Fed Chair Warsh
• Supply: Germany, US
• Earnings: GE Vernova, Phillips 66, Microsoft, Alphabet, ServiceNow, FedEx, T-Mobile, Ford, UBS, Airbus, Unilever, GSK

• Data: Swedish GDP (Q3/Sep), EZ Economic Sentiment (Oct), US GDP (Q3), PCE (Sep), US Jobless Claims (w/e Oct/24), US Personal Income (Sep), US Atlanta Fed GDPNow, Japanese Tokyo CPI (Oct), Japanese Retail Sales (Sep)
• Events: ECB Policy Announcement (Oct), EU-Canada summit (29-30 Oct)
• Speakers: ECB President Lagarde, Cipollone
• Supply: Japan, Italy, UK, US
• Earnings: Caterpillar, Eli Lilly, Mastercard, Bristol-Myers Squibb, Intel, Amazon, Sandisk, Starbucks, Shell, Lloyds, Glencore, Schneider Electric, TotalEnergies, Air Liquide, STMicroelectronics, BBVA

• Data: French GDP (Q3), French Flash CPI (Oct), Spanish Flash CPI (Oct), German GDP (Q3), German State/National CPI (Oct), EZ GDP (Q3), Italian Flash CPI (Oct), Canadian GDP (Aug)
• Events: BoJ Policy Announcement (Oct), CBRT Minutes (Oct), EU-Canada Summit (29-30 Oct)
• Speakers: BoJ Governor Ueda; ECB’s Lane; Fed’s Musalem
• Supply: Australia
• Earnings: Exxon Mobil, Chevron, AbbVie, Colgate-Palmolive, AstraZeneca, BP, NatWest, Sanofi

The week's centre of gravity is the midweek-to-Friday central bank cluster: Fed, BoC and RBNZ on Wednesday, ECB Thursday, BoJ Friday, a sequencing pattern that in past episodes of this kind has concentrated rate volatility into the back half and left Monday and Tuesday thin by comparison. When the Fed sits ahead of the ECB and BoJ within days, the historical tendency is for the dollar to take the first leg of any repricing, with EUR and JPY following through on the subsequent decisions only where guidance diverges from the Fed's tone. The UK Autumn Budget lands the same day as the Fed, and episodes where a gilt-heavy fiscal event coincides with a major central bank announcement have tended to see UK rates trade on their own fiscal premium rather than cleanly tracking global moves; the OBR costings and the gilt remit are the tells. The Chinese Fifth Plenum and Israeli election add a geopolitical overlay, with plenum communiques historically mattering for industrial metals and the AUD complex more than for G10 FX directly. Thursday's US GDP and PCE arriving after the Fed decision is an unusual ordering that has, in comparable weeks, shifted the weight of the data from decision input to validation or contradiction of the guidance just given. The clock-change note is operationally relevant for a fortnight of mismatched London and New York hours, a routine hazard for auction and fixing windows. On the corporate side, the mega-cap software and semiconductor prints midweek and the integrated oils to close are the names that have typically set index-level tone in weeks structured like this.