Calendar preview: FOMC and ECB decisions, US GDP and PCE headline Oct 27–29

Scheduled events

The Federal Reserve is scheduled to announce its FOMC rate decision at Wed Oct 28, 18:00 UTC, according to the Federal Reserve. The European Central Bank is due to deliver its monetary policy decision on Thu Oct 29, 13:15 UTC, according to the ECB. The BEA is scheduled to publish Personal income and outlays / PCE and GDP on Thu Oct 29 (time not confirmed), according to the BEA. The Census is scheduled to release Housing starts and permits on Tue Oct 27 (time not confirmed). The DOL is scheduled to publish Weekly jobless claims on Thu Oct 29 (time not confirmed).

• Tue Oct 27 (time not confirmed) — Housing starts and permits (Census) (US) (source)
• Wed Oct 28, 18:00 UTC — FOMC rate decision (US) (source)
• Thu Oct 29 (time not confirmed) — Weekly jobless claims (DOL) (US) (source)
• Thu Oct 29 (time not confirmed) — Personal income and outlays / PCE (BEA) (US) (source)
• Thu Oct 29 (time not confirmed) — GDP (BEA) (US) (source)
• Thu Oct 29, 13:15 UTC — ECB monetary policy decision (EU) (source)

Where markets stand

As of Oct 26, 20:00 UTC, per Finnhub the SPY ETF was $765.37 and rose 0.71% from the prior close, the UUP ETF was $29.01 and rose 0.17% from the prior close, the GLD ETF was $367.82 and rose 0.33% from the prior close, and the USO ETF was $166.23 and fell 1.95% from the prior close. Per U.S. Treasury via FRED, the US 2-year Treasury yield stood at 4.69% (daily change +4 bp) and the US 10-year Treasury yield stood at 5.00% (daily change +4 bp), and per Federal Reserve Board via FRED the Fed broad trade-weighted dollar index was 121.32.

Recent headlines

The U.S. Commodity Futures Trading Commission published a press release announcing a memorandum of understanding with the NBA to protect integrity in professional basketball, according to the U.S. Commodity Futures Trading Commission. The European Central Bank published a Survey on the Access to Finance of Enterprises saying lending conditions tightened and released a speech by Frank Elderson on investing in nature, and Forexlive reported that Japan’s September services PPI held at 3.7% y/y.

• CFTC and National Basketball Association Sign MOU to Protect Integrity in Professional Basketball — U.S. Commodity Futures Trading Commission, Oct 26, 14:00 UTC
• Survey on the Access to Finance of Enterprises: lending conditions tightened — European Central Bank, Oct 26, 09:00 UTC
• Frank Elderson: Taking action for nature – investing in economic resilience and prosperity — European Central Bank, Oct 26, 05:00 UTC
• Japan September services PPI holds at 3.7% y/y, in line with forecast, before BoJ — Forexlive, Oct 26, 23:52 UTC

Sources and data

• U.S. Commodity Futures Trading Commission (primary source) — CFTC and National Basketball Association Sign MOU to Protect Integrity in Professional Basketball
• European Central Bank (primary source) — Survey on the Access to Finance of Enterprises: lending conditions tightened
• Forexlive (secondary source) — Japan September services PPI holds at 3.7% y/y, in line with forecast, before BoJ
• Finnhub (market data) — market data
• U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
• U.S. Energy Information Administration via FRED (primary source) — calendar
• Federal Reserve (primary source) — calendar
• European Central Bank (euro reference rates) (primary source) — calendar
• Bank of England (primary source) — calendar
• U.S. Bureau of Labor Statistics (primary source) — calendar

Market data as of Oct 26, 20:00 UTC; report generated Oct 27, 00:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.