The data highlights for the week are ahead are Monday, pending home sales for September, followed on Tuesday by September’s producer price inflation report and Case-Schiller housing data for September. The same day the Fed begins it’s two day policy setting meeting.
Wednesday is a big day, the ADP national employment report for October, the advance reading of third-quarter GDP, the consumer price index report for September and mid afternoon New York time, the Federal Reserve decision for the October meeting. Expect no surprises there as the Fed does nothing.
Thursday, we have core PCE for September and initial weekly jobless claims alongside the Challenger layoffs report for October. Friday has Markit PMI for October and ISM manufacturing for October.
Not a lot of Fed speakers on tap. Friday, November 1 has the Federal Reserve Bank of St. Louis President James Bullard speaking on the U.S. economy and monetary policy before the St. Louis Regional Chamber Financial Forum with audience and media Q&A expected.
In Philadelphia the same day, Federal Reserve Bank of Richmond President Jeffrey Lacker receives the 2013 Global Citizen award at a public ceremony hosted by the Global Interdependence Center.