90 $1B+ earnings and FOMC minutes headline the week.
E-mini S&P 500 futures, E-mini Nasdaq-100 futures and Treasury yields take center stage for the week of Nov. 16 as 90 companies with market caps over $1 billion report earnings. Tuesday's Nvidia report brings heightened attention to fourth-quarter guidance following recent leadership changes, with consensus revenue estimates at $109.2 billion. Major retailers including Walmart, Home Depot, Target and Lowe's also report. On the monetary policy front, Fed Chair Kevin Warsh speaks Monday ahead of Wednesday's FOMC minutes, with the CME FedWatch Tool showing a 91.7% probability of a 25 bps December rate hike after yields jumped across the curve. Global economic releases include U.K. and Canadian CPI, U.S. Retail Sales and the PBOC rate decision.
E-mini S&P 500 futures, E-mini Nasdaq-100 futures and Treasury yields take center stage for the week of Nov. 16 as 90 companies with market caps over $1 billion report earnings. Tuesday's Nvidia report brings heightened attention to fourth-quarter guidance following recent leadership changes, with consensus revenue estimates at $109.2 billion. Major retailers including Walmart, Home Depot, Target and Lowe's also report.
On the monetary policy front, Fed Chair Kevin Warsh speaks Monday ahead of Wednesday's FOMC minutes, with the CME FedWatch Tool showing a 91.7% probability of a 25 bps December rate hike after yields jumped across the curve. Global economic releases include U.K. and Canadian CPI, U.S. Retail Sales and the PBOC rate decision.