Today’s Highlights and Global Financial Calendar for the Next 10 Days | October 28 🇬🇧 I. Today’s Key Global Market Updates 🇰🇷 Asia: SK Hynix reported Q3 operating profit of 8.33 trillion KRW; KOSPI rose approximately +6.8% to 6,023.73. The Reserve Bank of New Zealand surprised markets by holding rates steady at 2.75%, causing the NZD to drop over 1%. 🕌 Middle East: Houthi forces claimed a missile strike on Saudi Arabia’s Ras Tanura refinery; fire has been contained, but Saudi authorities have not confirmed damage (ongoing). Brent crude traded around $115.4 this morning. 🇬🇧 12:30 PM: UK Autumn Budget — Chancellor Healey’s first budget, with a subdued tone; watch for OBR fiscal space and gilt market reaction. 🇺🇸 1:30 PM: US Markets Open — Philadelphia Semiconductor Index rose +3.60% on Oct 27, up ~6.5% over two days; watch if AI-linked stocks can hold gains. 🇨🇦 1:45 PM: Bank of Canada Rate Decision — Expected hike of 25 bps to 2.50%. 🇺🇸 2:30 PM: EIA Crude Oil Inventories. 🇺🇸 6:00 PM: Federal Reserve FOMC Decision / 6:30 PM: Warsh Press Conference — Market expects no change (3.75–4.00%); 82% probability of a December hike. 🇮🇱 Israel Election Vote Count: Netanyahu’s coalition has not yet secured a majority. 📊 Earnings Reports: ・Pre-market: GE Vernova, Amphenol, UBS, ADP, Boston Scientific, Vertiv. ・Post-market: Alphabet (8:30 PM conference call), Microsoft (9:30 PM conference call), KLA, T-Mobile, ServiceNow, Fortinet. 🇪🇺 Europe: Santander, GSK. 🗓️ II. Core Events and Major Earnings Calendar for the Next 10 Days 🏦 October 28 (Wednesday) — Super Earnings Day 🏛️ Macro: Fed FOMC Decision; UK Autumn Budget; Bank of Canada Rate Decision. 📊 Earnings: ・Pre-market: GE Vernova, Amphenol. ・Post-market: Alphabet, Microsoft, T-Mobile, KLA. 📌 Our Key Watchpoint: “10Y yield does not reclaim 5.20%” — judgment based on today’s close (currently at 4.99%). 💻 October 29 (Thursday) — Super Earnings Day 🏛️ Macro: ECB Rate Decision (expected hold at 2.50%); US Q3 GDP Initial Estimate and September PCE (12:30 PM); First day of BoJ meeting. 📊 Earnings: ・Pre-market: Eli Lilly, Mastercard, Merck, Caterpillar, Linde. ・Post-market: Amazon, Intel, Gilead. ・Non-US: Shell, Samsung Electronics. 🛢️ October 30 (Friday) 🏛️ Macro: BoJ Rate Decision (expected hold at 1.25%); US Q3 Employment Cost Index. 📊 Earnings: ・Pre-market: ExxonMobil, Chevron, AbbVie. ・Non-US: AstraZeneca, BP, Sanofi. 📌 Our Key Watchpoint: “Gold follows Nasdaq, not interest rates.” 🕐 November 1 (Sunday) ⏰ US ends Daylight Saving Time 🍎 November 2 (Monday) 📊 Earnings: ・Post-market: Apple, Palantir. 🗳️ November 3 (Tuesday) 🏛️ Macro: US Midterm Elections. 📊 Earnings: ・Post-market: AMD (TBD). 📌 Our Key Watchpoint: “New cloud cannot outperform semiconductor index.” 📱 November 4 (Wednesday) 📊 Earnings: ・Pre-market: Uber (TBD). ・Post-market: Qualcomm (TBD). 🇬🇧 November 5 (Thursday) 🏛️ Macro: Bank of England Rate Decision (our baseline: +25 bps). 🇺🇸 November 6 (Friday) 🏛️ Macro: US October Non-Farm Payrolls (1:30 PM). Not investment advice.
