Markets Eye US Inflation Data and Major Tech Earnings This Week
Key Facts
Global markets are focusing this week on the US Consumer Price Index (CPI) and Producer Price Index (PPI) data for October. ZeroHedge reported that the economic calendar also features a heavy schedule of Federal Reserve speakers and quarterly earnings from major firms including Cisco, Applied Materials, Siemens, Allianz, and SoftBank as the Q3 reporting season concludes.
Recent data from China showed producer inflation accelerated to 5.7% in October, while consumer inflation softened to 0.7%. In equity markets, CSCO closed at $93.85 and AMAT closed at $332.72 on November 6, 2026, while SFTBY ended the same session at $11.47, SIEGY at $146.04, and ALIZY at $49.92.
Traders are awaiting the US annual inflation rate release on November 10, 2026, which is forecasted at 3.9%. The economic calendar also includes a speech by the Fed's Waller on the same day, followed by initial jobless claims on November 12, 2026.