Next Week Outlook: U.S. and China CPI, China Trade Balance, and U.S.-Russia-Ukraine Talks

According to TechFlow, on November 8, Jinshi Data reported that multiple macroeconomic data releases and geopolitical events will be heavily scheduled for next week. China's October trade balance, along with US and Chinese October CPI reports, will be released sequentially. The United States, Russia, and Ukraine are set to hold talks in Abu Dhabi on November 10-11.

In terms of data, Monday will see the release of China's October CPI and M2 figures. Tuesday will feature the US October CPI and core CPI readings, alongside China's October trade balance. Thursday will bring US weekly initial jobless claims, while Friday will publish the US October PPI and China's October total industrial electricity consumption. Regarding events, the G7 foreign ministers' meeting will convene. OPEC and the EIA will each release reports concerning the crude oil market, and domestic refined fuel prices will enter a new pricing window. Wednesday coincides with US Veterans Day; equities markets will trade normally, but the cash bond market will be closed for the full day.

Earnings-wise, Occidental Petroleum, Lucid Group, TSMC, SMIC, and Applied Materials, among others, are set to release quarterly results or operational updates next week.