At a glance
- Mon, Nov 10: Quiet macro; light earnings docket.
- Tue, Nov 11 (Veterans Day): U.S. bond market closed; U.S. equities open. Germany ZEW (11:05), U.K. labor data (08:00).
- Wed, Nov 12: FOMC Minutes (20:00), Cisco earnings (22:30).
- Thu, Nov 13: U.S. CPI (14:30) and Real Earnings (14:30) [subject to delay]; Disney (14:30 call) and Applied Materials (22:30); Eurozone Industrial Production (11:00); China internet earnings wave (JD.com, Bilibili).
- Fri, Nov 14: U.S. PPI (14:30) [subject to delay]; ongoing earnings.
Heads-up: Some U.S. releases may be delayed due to the federal shutdown. Treat CPI/PPI times as tentative and monitor for rescheduling.
Macro calendar
United States
- Tue (11 Nov): NFIB Small Business Optimism (12:00).
- Wed (12 Nov): FOMC Minutes of Oct 28–29 meeting (20:00).
- Thu (13 Nov): CPI (Oct) (14:30) and Real Earnings (Oct) (14:30).
- Fri (14 Nov): PPI (Oct) (14:30).
- All week: Multiple Fed speakers; watch for color on the policy path and balance-sheet runoff.
Europe & U.K.
- Tue (11 Nov): Germany ZEW Economic Sentiment (11:05); U.K. labor market (08:00).
- Thu (13 Nov): Eurozone Industrial Production (Sep) (11:00).
Asia
- China (already released over the weekend): CPI/PPI (Oct)—useful for global disinflation read-throughs.
- Thu (13 Nov): China activity suite previews into late week: retail sales / industrial production / investment scheduled for Fri–Sat local time (watch for Friday overnight prints in CET).
Company events to watch
U.S. & Global mega/large caps
- Cisco (CSCO) — Wed, Nov 12, 22:30: Q1 FY26 results (after U.S. close).
- Walt Disney (DIS) — Thu, Nov 13, 14:30: FY25 Q4 results webcast (pre-market event time, investor call early afternoon CET).
- Applied Materials (AMAT) — Thu, Nov 13, 22:30: FQ4 results (after U.S. close).
China tech & internet
- JD.com (JD) — Thu, Nov 13 (morning CET): Q3 2025 results & call (typically pre-market U.S. time).
- Bilibili (BILI) — Thu, Nov 13, ~13:00–14:00: Q3 2025 call timeframe (pre-market U.S.).
- Tencent (0700 HK) — Wed–Thu, Nov 12–13, evenings HKT (afternoon CET) : Q3 2025 results announcement and investor events.
Japan
- Sony Group (6758 / SONY ADR) — Tue, Nov 11, 08:00: FY2025 Q2 briefing (16:00 JST).
Additional names on the radar: selected U.S. consumer, travel, and software mid/large caps throughout the week; confirm exact slots on your earnings calendar as firms finalize webcast timings.
Why this week matters
1) CPI/PPI vs. shutdown uncertainty:
Even with delay risk, Thursday’s CPI and Friday’s PPI—when published—will reset rate-cut odds, real yields, and the duration trade that drives high-multiple tech. A softer core-services print would ease pressure on equity multiples; a hot read reopens the “higher-for-longer” debate.
2) Tech supply chain pulse:
Cisco color on AI networking, security, and backlog conversion is a micro read on infrastructure spend. Applied Materials guides the wafer fab equipment cycle, export constraints, and memory/logic capex—all crucial for the AI hardware build-out into 2026.
3) Content, IP, and DTC monetization:
Disney is the bellwether for streaming profitability and parks resilience. Watch ARPU, churn, sports rights strategy, and DTC margin cadence into FY26.
4) China demand signals:
Tencent/JD/Bilibili plus China’s activity data (retail, IP, investment) provide a high-frequency read on consumer appetite, advertising, gaming, and the broader demand vs. deflation narrative.
5) Euro pulse:
ZEW sentiment and Eurozone industrial production frame how fast Europe can crawl out of its industrial trough—important for global cyclicals and FX.
Trading checklist (actionable, concise)
- Map timestamps in CET. Most marquee prints hit 14:30 CET (U.S. macro) and 22:30 CET (U.S. after-hours earnings). Asia headlines land overnight CET.
- Scenario plan for CPI: Pre-build trade trees for cooler/inline/hot outcomes (rates, dollar, factor tilts).
- Listen beyond headlines: For Cisco/AMAT, focus on order trends, lead times, book-to-bill, China exposure, and capital-return cadence. For Disney, DTC margins, sports economics, and content ROI matter more than top-line alone.
- Position sizing: Elevated single-stock dispersion argues for staggered entries and tight risk controls into prints.
- Cross-asset tells: Watch 10y UST, breakevens, dollar, and semis vs. software relative performance for confirmation.
Conclusion
This is a macro-meets-micro week: U.S. inflation prints (timing risk noted) intersect with platform-defining earningsacross networking, semicap, media, and China tech. The path of yields and the credibility of 2026 profit narratives will determine whether dip-buyers can lean in—or whether volatility extends.
FAQ
Are U.S. markets closed on Nov 11?
Equities are open; the U.S. bond market is closed for Veterans Day.
What if CPI/PPI are delayed?
Treat calendar times as provisional and watch for agency updates; rates and equity volatility can still move on expectations, Fed speak, and high-frequency proxies.
What matters most in Cisco/AMAT?
For Cisco: AI data-center networking orders, security growth, backlog burn, and FY guide. For AMAT: WFE outlook, China mix, memory vs. logic capex, and margins.
For Disney, what are the swing factors?
DTC profitability progress, content spend discipline, live sports strategy, and parks momentum set the tone for FY26.
Disclaimer
This article is for informational purposes only and does not constitute investment, legal, or tax advice. Markets are volatile and you can lose money. Do your own research and consider consulting a qualified financial professional before making investment decisions.
