Economic Calendar Summary - November 5, 2026

Market Overview

On the morning of November 5, 2026, optimism is evident in European markets, with the FTSE 100 reaching a three-month high, up by 1%. Other indices such as the CAC 40, IBEX, Euro Stoxx 50, and STOXX 600 also show positive movements, while the DAX remains flat at the opening of the trading session.

Economic Events Scheduled for Today

• 09:30 CET: China’s unemployment rate remains unchanged at 3.1%.
• 10:00 CET: Eurozone interest rate forecast at 4.50%.
• 11:00 CET: EU producer prices year-over-year forecast at 10.9%, up from 8.2% previously, indicating rising energy costs affecting industry.
• 13:00 CET: Bank of England (BoE) decision expected to raise interest rates by 25 basis points to 4.00%. Current voting forecasts show 7 in favor of a hike and 2 against.
• 14:30 CET: US initial jobless claims expected at 196,000, with continuing claims at 1.7 million. Productivity in Q3 forecasted at 2.8%.
• 16:30 CET: US EIA natural gas inventories forecast at 82 billion.
• 17:30 CET: Auction of 4-week Treasury bills.

Company Earnings Reports

Before the market session, ConocoPhillips (COP.US) and Sony (SONY.US) are set to report earnings, while Monster Beverage (MNST.US) will report after the session.

Sony has reported a significant surprise with a 45% increase in operating profit for Q2, totaling 622.3 billion yen (approximately $3.95 billion), surpassing estimates. The company has raised its full-year forecast by 9%, driven by the success of the movie "Spider-Man: A New Beginning" and its gaming segment, despite challenges in PS5 sales and rising memory chip prices due to the AI boom. Shares rose about 7% ahead of the earnings release, indicating some optimism may already be priced in, with the upcoming release of GTA VI on November 19 being a major catalyst.

Central Banks and Economic Outlook

The minutes from the Bank of Japan's (BoJ) September meeting indicate a strong support for further tightening, with a vote of 7-2 in favor of a rate hike to 1.25%. Concerns over inflation are heightened due to a nearly 50% increase in oil prices since July. Additionally, Swiss National Bank (SNB) President Martin Schlegel noted that October's inflation rate of 1.5% was unexpected, reinforcing expectations for a rate hike in December.