The upcoming week is set to be pivotal for global markets with significant macroeconomic events on the horizon. China's October Consumer Price Index (CPI) and activity data are anticipated, with inflation expected to remain negative and activity indicators likely to show moderation. The Bank of Japan's Summary of Opinions will provide insights into its policy outlook amid Japan's inflation trajectory. Additionally, the Bank of Canada's policy minutes will be released, offering further clarity on its monetary stance. In New Zealand, the Reserve Bank's Q4 inflation expectations survey will set the stage for the November 26 policy meeting. Labor market reports from the UK and Australia are also due, with the UK expected to report a slight rise in unemployment and slower wage growth. Furthermore, the extension of the US–China trade truce through November 10, 2026, could influence commodity markets.
Global Macro Events to Watch: China CPI, BoJ Policy, and Central Bank Updates
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