![\"Magnificent](\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/10\/tag:reuters.com,2025:newsml_L4N3W500W-a4ae93cde19ed35c2cae614308249e2f-resized.jpeg\")
Thomson ReutersNarrowing profit edge<\/p>\nA look at the day ahead in European and global markets from Rocky Swift<\/p>\n
Friday brings a moment of calm before the storm. A host of summits, earnings and central bank events loom next week.<\/p>\n
The focus before the weekend will be U.S. consumer price data for September, a lone economic light shining through the darkness of the second-longest U.S. government shutdown. So far.<\/p>\n
Coming in from furlough, Bureau of Labor officials are expected to say that the U.S. core consumer price index held steady at 3.1%, a reading that’s unlikely to impact a widely anticipated rate cut from the Federal Reserve next week.<\/p>\n
Then begins a whirlwind of leaders’ meetings centred around the Asia-Pacific Economic Cooperation (APEC) CEO Summit, including a planned face-to-face between U.S. President Donald Trump and Chinese President Xi Jinping in South Korea.<\/p>\n
Markets were soothed by a White House announcement of the meeting, amid escalating tensions between the economic superpowers and a Nov. 1 deadline for an additional 100% U.S. tariff to be imposed on Chinese imports.<\/p>\n
But proving every silver lining has a cloud, Trump took to social media to pick another fight with Canada, declaring that trade negotiations with America’s northern neighbour were “TERMINATED.”<\/p>\n
Thomson ReutersNarrowing profit edge<\/p>\n
European equity futures signal a steady start to markets.<\/p>\n
Oil and gold settled down after a volatile week. Asian stocks gained following an earnings beat by Intel The earnings calendar is light today, but next week brings a deluge, with five of the Magnificent Seven reporting results, including Apple Newly elected Japanese Prime Minister Sanae Takaichi is due to speak later in the session as her government reportedly considers a sizable stimulus package and just days away from her first meeting with Trump.<\/p>\n Friday data showed Japan’s core consumer prices remained above the central bank’s 2% target, keeping alive expectations of a near-term interest rate hike ahead of a Bank of Japan policy meeting next week.<\/p>\n Key developments that could influence markets on Friday: <\/p>\n – U.S. earnings: Procter & Gamble, HCA Healthcare, General Dynamics<\/p>\n – Europe earnings: Saab AB, Sanofi<\/p>\n – U.S. data: core CPI for September, S&P Global flash PMIs for October, University of Michigan final print of October consumer sentiment<\/p>\n – Europe data: Britain retail sales for September, France consumer confidence for October<\/p>\n – Flash PMIs for Euro Zone, France, Germany, and Britain<\/p>\n","protected":false},"excerpt":{"rendered":"A look at the day ahead in European and global markets from Rocky Swift Friday brings a moment…\n","protected":false},"author":2,"featured_media":129343,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,179,18,19,17],"class_list":{"0":"post-142674","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-eire","11":"tag-ie","12":"tag-ireland"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115429060669092881","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/142674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=142674"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/142674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/129343"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=142674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=142674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=142674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"\/](\"https:\/\/s3-symbol-logo.tradingview.com\/intel.svg\"){kind=logo}
INTC<\/a> and a positive Wall Street close.<\/p>\n![\"\"\/](\"https:\/\/s3-symbol-logo.tradingview.com\/apple.svg\"){kind=logo}
AAPL<\/a> and Microsoft ![\"\"\/](\"https:\/\/s3-symbol-logo.tradingview.com\/microsoft.svg\"){kind=logo}
MSFT<\/a>.<\/p>\n