Next week, investors will be focused on several key events. In the US, the midterm elections will be closely watched, with polls indicating that Republicans risk losing their majority in the House and possibly their control of the Senate. Such an outcome could complicate President Trump’s efforts to push through his policy agenda. Geopolitical developments in the Middle East and Ukraine will also remain in the spotlight.
On the corporate side, earnings season continues, with major companies including Apple, Palantir, AMD, McDonald’s, Qualcomm, and Uber set to report results. In commodities, the upcoming OPEC meeting will be scrutinized for guidance on oil production and supply.
In terms of economic data, the US monthly jobs report will be the main highlight, alongside ISM PMIs, JOLTS job openings, factory orders, trade figures, and the preliminary University of Michigan consumer sentiment index. Globally, investors will evaluate PMI readings from China, inflation data from the Eurozone, and monetary policy decisions from the Bank of England, the Reserve Bank of Australia, and the central banks of Sweden, Norway, Brazil, and Mexico.