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(Bloomberg) -- Donald Trump continues on his first official trip to Asia as president, accompanied by Secretary of State Rex Tillerson and a group of U.S. business leaders. He’ll meet with the heads of state from Japan, China, South Korea, Vietnam and the Philippines, and address the APEC chief executives summit.
The European Commission’s chief Brexit negotiator Michel Barnier and U.K. Brexit Secretary David Davis resume talks on the terms of Britain’s exit from the European Union.
U.S. consumer sentiment probably cooled in early November from a more than 13-year high, suggesting still-lofty optimism about the economy and personal finances. The University of Michigan’s report on Friday wraps up a light week for U.S. economic data that also includes figures on job openings in September.
Big names scheduled to speak include Trump, European Central Bank President Mario Draghi, former first lady Michelle Obama, former SEC Chair Mary Jo White, Hong Kong Chief Executive Carrie Lam, Tran Dai Quang, the president of Vietnam, Twitter Inc. co-founder Jack Dorsey, NFL Commissioner Roger Goodell, and Mark Cuban of “Shark Tank.”
OPEC releases its World Oil Outlook, presented by Secretary-General Mohammad Barkindo.
Argentina, Australia, Mexico, New Zealand, Peru, Malaysia, Poland, Serbia and Thailand set monetary policy.
Earnings season continues with announcements from Toyota Motor Corp., BMW AG, Walt Disney Co., Adidas AG, and Siemens AG. European financial companies set to report include Intesa Sanpaolo SpA, Banca Monte dei Paschi di Siena SpA, Credit Agricole SA, Allianz SE and Zurich Insurance Group AG.
Microsoft Inc.’s Xbox One X, with its Scorpio engine and six teraflops of graphical processing power, is released worldwide, just in time for holiday shopping.
Monday, Nov. 6
-President Donald Trump continues his first official visit to Asia in Tokyo. He is scheduled to meet with Emperor Akihito and Japanese business leaders, and to hold talks with Prime Minister Shinzo Abe. In the evening, Trump will attend an official dinner before flying to Seoul.
-New York Fed Executive Vice President Simon Potter speaks at an ECB workshop in Frankfurt on “Implementing Monetary Policy with the Balance Sheet” at 11:30 local time (5:30 ET). ECB Executive Board Member Peter Praet gives the welcome address. Also, New York Fed President William Dudley gives a speech on “Lessons from the Financial Crisis” at an Economic Club of New York luncheon, at 12:10 ET.
-Euro-area finance ministers discuss completing the banking union and fiscal rules for European Monetary Union, starting at 15:00 in Brussels (09:00 ET).
-The U.K.’s main business lobby group, the Confederation of British Industry, holds its annual conference, with a senior cabinet minister speaking at 09:45 in London (04:45 ET) and opposition Labour Party leader Jeremy Corbyn at 11:50.
-U.K. Prime Minister Theresa May meets other party leaders to discuss steps to tackle sexual harassment in U.K. politics, amid a furor that’s already led to the resignation of Defense Secretary Michael Fallon. 17:15 in London (12:15 ET).
-Central Bank of Mexico Governor Agustin Carstens speaks at an event hosted by Comexi, the Mexican Council for International Affairs. In Mexico City at 08:30 local time (09:30 ET).
-Salesforce.com Inc. hosts Dreamforce, a software conference. Speakers include former first lady Michelle Obama, CEO of Ellevate Financial Inc. Sallie Krawcheck, and Ginni Rometty, CEO of IBM Corp. Salesforce.com CEO Marc Benioff gives the keynote. In San Francisco, through Nov. 9. Click here for schedule.
-The Clearing House annual conference is focused on the changing regulatory landscape and the future of payments in the commercial banking industry. Tim Sloan, CEO of Wells Fargo & Co., and former SEC Chair Mary Jo White are among the speakers. In New York, through Nov. 8. Click here for program.
-UN Climate Change Conference (COP23) brings delegates from 200 countries to talk about fulfilling the Paris Climate agreement. Mike Bloomberg, former New York City mayor and founder of Bloomberg LP, will participate. In Bonn, through Nov. 17.
- U.S. government bond auctions, Fed debt purchases. Click here for schedule.
- U.S. initial public stock offerings. Click here for schedule.
- CENTRAL BANKS: Bank of Japan Governor Haruhiko Kuroda will give a speech in Nagoya, followed by a news conference.
- EARNINGS: Japan’s SoftBank Group Corp. releases second quarter results. Follow the news with real-time coverage and analysis on the TOPLive blog. For a list of the day’s biggest earnings releases, click here.
- ECONOMY: Chile economic activity (Sept.), Mexico consumer confidence (Oct.), Indonesia GDP (3Q), euro-area services PMI (Oct.), Germany factory orders (Sept.).
- ENERGY/COMMODITIES: USDA grain export inspections and crop progress update (weekly); European Autumn Gas Conference in Milan.
Tuesday, Nov. 7
-The European Central Bank holds the ECB Forum on Banking Supervision, “Europe’s changing banking landscape.” Speakers include ECB President Mario Draghi, Executive Board member Sabine Lautenschlaeger, Supervisory Board Chair Daniele Nouy, and Supervisory Board member Ignazio Angeloni. Starts at 10:00 in Frankfurt (04:00 ET).
-The Reserve Bank of Australia holds a policy-setting meeting. The rate decision is announced at 14:30 Sydney time (Nov. 6, 22:30 ET). Follow the news with real-time coverage and analysis on the TOPLive blog.
-Bank of Canada Governor Stephen Poloz gives a speech at a CFA Montreal/Montreal Council on Foreign Relations-hosted event at 13:00 ET. He’ll follow the speech with a press conference at 14:00. In Montreal.
-U.S. Federal Reserve System’s Vice Chairman for Supervision Randal Quarles speaks at the Clearing House annual conference in New York at 12:35 ET.
-President Trump visits the Republic of Korea. He’ll meet with President Moon Jae-in, visit American and South Korean service members, and speak at the National Assembly where he’ll call for maximizing pressure on North Korea. Through Nov. 8.
-Election Day in the U.S. New Jersey and Virginia will choose new governors in this off-year election that may be, in part, a referendum on the first ten months of President Donald Trump’s Republican administration.
-OPEC’s World Oil Outlook will be presented at a press conference. Secretary-General Mohammad Barkindo presents the key points of the publication in Vienna at 14:30 local time (08:30 ET).
-European Union finance ministers discuss digital tax rules, financial supervision and capital market integration, starting at about 09:00 in Brussels (03:00 ET).
-The Americas Society/Council of the Americas, in partnership with BlackRock Inc., hosts the Argentina Investment Conference 2017. Argentine Central Bank President Federico Sturzenegger and BlackRock CEO Larry Fink both give keynote speeches. In New York, beginning at 08:30 ET. Event live webcast here.
-Microsoft Corp.’s Xbox One X is released worldwide. The company calls it the smallest and most powerful video-game console ever. Microsoft and rival Sony Corp. are trying to update their video-game machines more frequently.
- CENTRAL BANKS: Argentina rate decision, Sri Lanka rate decision, Romania rate decision.
- EARNINGS: Car giants Toyota Motor Corp. and BMW AG, plus major Italian banks Intesa Sanpaolo SpA and Banca Monte dei Paschi di Siena SpA, are among companies announcing results. For a list of the day’s biggest earnings releases, click here.
- ECONOMY: U.S. job openings, labor turnover and consumer credit (Sept.), Chile copper exports (Oct.), Philippines CPI (Oct.), China foreign exchange reserves (Oct.), Japan labor cash earnings (Sept.), South Africa gross reserves (Oct.), Germany industrial production (Sept.), U.K. Halifax house prices (Oct.), Switzerland foreign-currency reserves (Oct.).
- ENERGY/COMMODITIES: API oil inventory report (weekly); EIA short-term energy outlook.
Wednesday, Nov. 8
-President Donald Trump will address South Korea’s 300-member National Assembly, where he’s expected to call on the international community to maximize pressure on North Korea. He then travels to Beijing where he’ll meet with President Xi Jinping. Representatives from about 40 U.S. companies are expected to accompany Trump’s trade mission to China and sign deals for billions of dollars. Read more here.
-The German government’s council of independent economic advisers presents its 2018 growth forecast at 12:00 in Berlin (06:00 ET).
-The Asia-Pacific Economic Cooperation (APEC) CEO Summit is held in Danang, Vietnam. Hong Kong Chief Executive Carrie Lam will speak about trade and Tran Dai Quang, the president of Vietnam, gives the opening keynote. President Donald Trump will speak on Nov. 10, the final day of the conference. Click here for program.
-Bloomberg convenes the Year Ahead Summit for a discussion of topics facing global CEOs. Citigroup Inc. CEO Michael Corbat and NFL Commissioner Roger Goodell are among the speakers. Begins at 07:45 ET in New York City. Click here for agenda.
- CENTRAL BANKS: Thailand rate decision; Bank of Korea Governor Lee Ju-yeol speaks at a conference in Seoul; Bank of Japan board member Yukitoshi Funo gives a speech in Miyazaki followed by a press conference; Bank of Japan Governor Haruhiko Kuroda and Finance Minister Taro Aso speak at an IMF reception in Tokyo; Poland rate decision.
- EARNINGS: For a list of the day’s biggest earnings releases, including German energy company E.ON SE and Credit Agricole SA, click here.
- ECONOMY: U.S. MBA mortgage applications (weekly), Chile inflation (Oct.), China trade (Oct.), South Africa business confidence (Oct.), Turkey industrial production (Sept.), Spain industrial production (Sept.), Ukraine CPI (Oct.).
- ENERGY/COMMODITIES: U.S. Energy Information Administration (EIA) weekly petroleum inventory report; China energy & commodity trade data (Oct.); NERS nuclear energy conference in Prague.
Thursday, Nov. 9
-President Trump with hold meetings with China’s President Xi and Premier Li Keqiang, as well as attend a series of commercial and cultural events. In the evening, Trump will attend a state dinner in Beijing.
-The European Commission’s chief Brexit negotiator, Michel Barnier, and U.K. Brexit Secretary David Davis resume talks on the terms of Britain’s exit from the EU. Timing and duration in Brussels to be determined.
-Mexican central bank’s rate decision. Banxico will publish its policy statement at 13:00 local time from Mexico City (14:00 ET.) Follow the news with real-time coverage and analysis on the TOPLive blog.
-Twitter Inc. co-founder Jack Dorsey speaks at the Dealbook Conference, hosted by Andrew Ross Sorkin and the editors of the New York Times. Other speakers include BlackRock Inc. CEO Larry Fink and Mark Cuban, owner of National Basketball Association’s Dallas Mavericks and one of the “sharks” on ABC’s “Shark Tank.” Begins at 08:15 ET in New York City. Click here for agenda.
-The Atlantic Council hosts a seminar on China’s role in Latin American investment and infrastructure. The main speaker is IMF Director of the Western Hemisphere Alejandro Werner. Begins at 09:00 local time (06:00 ET) in Buenos Aires.
-ECB Supervisory Board Chair Daniele Nouy testifies at the European Parliament. 09:00 in Brussels (03:00 ET).
-The European Central Bank publishes its economic bulletin. 10:00 in Frankfurt (04:00 ET).
-The European Commission updates its economic projections for the euro area. 11:00 in Brussels (05:00 ET).
-ECB Executive Board member Benoit Coeure participates in a panel discussion at the 10th edition of Journées de l’économie. Starting at 11:00 in Lyon (05:00 ET).
-ECB Executive Board member Yves Mersch speaks at the “Banking & Technology” forum in Vienna at 14:15 (08:15 ET).
-Bank of France Governor Francois Villeroy de Galhau gives a speech in Brussels at 16:00 (10:00 ET).
-Swiss National Bank President Thomas Jordan speaks on central-bank independence at 17:30 in Frankfurt (11:30 ET).
-ECB Executive Board member Sabine Lautenschlaeger speaks at the “Monetary, Financial, and Prudential Policy Interactions in the Post-Crisis World” conference. 13:20 ET in Washington.
-The U.S. International Trade Commission is scheduled to release its final decision in a patent-infringement complaint Rovi Corp. filed against Comcast Corp. Rovi, which merged with TiVo Inc. in 2016, claims digital video receivers made for the cable TV giant shouldn’t be allowed into the U.S. because they use Rovi technology without paying for it. In Washington, at 17:00 ET. Read more here.
- CENTRAL BANKS: Peru rate decision, New Zealand rate decision and quarterly monetary policy statement, Malaysia rate decision, Philippines rate decision, Serbia rate decision.
- EARNINGS: Walt Disney Co. and Germany’s Adidas AG and Siemens AG are among companies announcing results. For all the day’s biggest earnings releases, click here.
- ECONOMY: U.S. jobless claims & comfort index (weekly) and wholesale inventories (Sept. final), Mexico inflation (Oct.), China releases October CPI and PPI, Japan current account and machinery orders (Sept.), South Africa mining production and manufacturing (Sept.), Egypt CPI (Oct.), France business confidence (Oct.), U.K. RICS house prices (Oct.), industrial production (Sept.) and NIESR GDP estimate (Oct.), Czech CPI (Oct.), Hungary CPI (Oct.).
- ENERGY/COMMODITIES: EIA natural gas inventory report (weekly); USDA crop net-export sales (weekly); European Gas & Power Summit in Paris; Condensate & Naphtha Forum in Penang, Malaysia; India Nuclear Energy conference in Mumbai.
Friday, Nov. 10
-U.S. consumer sentiment probably retreated in November after climbing a month earlier to the highest level since early 2004, economists project the University of Michigan to report. 10:00 ET in Washington.
-President Trump arrives in Danang, Vietnam, to participate in his first APEC summit. He’ll deliver a speech on the U.S.’s vision for a free and open Indo-Pacific region. 13:30 local time (01:30 ET).
-ECB Executive Board member Yves Mersch speaks at the 2017 Cumberland Lodge Financial Services Summit organized the European Policy Forum. 12:30 in Windsor, near London (07:30 ET).
-Veterans Day federal holiday in the U.S. Stock and bond markets will be open.
- CENTRAL BANKS: Bank of Canada weekly financial statistics, Bank of Colombia meeting minutes.
- EARNINGS: For a list of the day’s biggest earnings releases, including German insurance giant Allianz SE and steel producer ArcelorMittal, click here.
- ECONOMY: U.S. budget statement (Oct.), Brazil IPCA inflation (Oct.), Mexico industrial production (Sept.), France industrial production (Sept.), Italy industrial production (Sept.), Romania CPI (Oct.).
- ENERGY/COMMODITIES: Baker Hughes U.S. rig count (weekly).
- SOVEREIGN RATING UPDATES: Bosnia and Herzegovina (Moody’s), Croatia (Moody’s), Egypt (S&P), Estonia (Fitch), Greece (DBRS), Hungary (Fitch), Namibia (Moody’s), Oman (S&P), Rwanda (Fitch), Serbia (Moody’s), Sweden (DBRS), Ukraine (S&P).
Saturday, Nov. 11
-President Trump makes an official visit to Hanoi, Vietnam, for meetings with President Tran Dai Quang and other senior Vietnamese leaders. Through Nov. 12.
-Slovenian presidential runoff. President Borut Pahor, who campaigned heavily via Instagram and Twitter, is expected to win a second five-year term, the first Slovene incumbent to do so in 15 years.
-Alibaba Group Holding Ltd. holds its annual Singles’ Day sales promotion, a one-day shopping gala that has become the biggest online retail event in the world. Started in 2009, the volume of business from Singles’ Day eclipses Black Friday and Cyber Monday combined. Analysts are expecting this year’s event to exceed 2016’s 120.7 billion yuan ($18 billion) worth of transactions.
(Adds Singles’ Day on Nov. 11 -- largest e-commerce day in the world.)
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