--- title: "Next Week's Memo" description: "Next week's memo includes the release of manufacturing PMI data and economic indicators from multiple countries. On November 3rd, Japan will be closed for a holiday, while New Zealand, Australia, Sout" type: "news" locale: "en" url: "https://longbridge.com/en/news/263709548.md" published_at: "2025-10-31T10:12:39.000Z" --- # Next Week's Memo > Next week's memo includes the release of manufacturing PMI data and economic indicators from multiple countries. On November 3rd, Japan will be closed for a holiday, while New Zealand, Australia, South Korea, Vietnam, China, Taiwan, India, Italy, France, Germany, the Eurozone, the UK, Switzerland, and the US will announce manufacturing PMI and other economic data. On November 4th, the Reserve Bank of Australia will hold a monetary policy meeting. In addition, Palantir and BioNTech will release their financial reports, and MININGLAMP-W and OCEAN ONE HLDG will have their first day of listing November 3 (Monday) Japan holiday market closed New Zealand September building permits month-on-month: previous value up 5.8% Australia October S&P Manufacturing PMI final value: initial value 49.7 Australia October TD-MI inflation index month-on-month: previous value up 0.4% Australia September building permits month-on-month: forecast up 5%; previous value down 6% South Korea October S&P Manufacturing PMI: previous value 50.7 Vietnam October S&P Manufacturing PMI: previous value 50.4 China October S&P Manufacturing PMI: forecast 50.7; previous value 51.2 Taiwan October S&P Manufacturing PMI: previous value 46.8 India October HSBC Manufacturing PMI final value: initial value 58.4 Italy October HCOB Manufacturing PMI: previous value 49 France October HCOB Manufacturing PMI final value: initial value 48.3 Germany October HCOB Manufacturing PMI final value: previous value 49.6 Eurozone October Manufacturing PMI final value: forecast 50; initial value 50 UK October S&P Manufacturing PMI final value: initial value 49.6 Switzerland October CPI year-on-year: forecast up 0.3%; previous value up 0.2% Switzerland October CPI month-on-month: forecast no change; previous value down 0.2% Switzerland October Manufacturing PMI: forecast 48.2; previous value 46.3 US October S&P Manufacturing PMI final value: initial value 52.2 US October ISM Manufacturing Index: forecast 49.2; previous value 49.1 US September construction spending month-on-month Canada October S&P Manufacturing PMI final value: initial value 47.7 Corporate earnings: Palantir (PLTR.US), BioNTech (BNTX.US) First day of listing: MININGLAMP-W (02718.HK). OCEAN ONE HLDG (09876.HK) first day transferred to main board \---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- November 4 (Tuesday) Reserve Bank of Australia meeting, expected to maintain the benchmark interest rate at 3.6% South Korea October CPI month-on-month: forecast no change; previous value up 0.5% South Korea October CPI year-on-year: forecast up 2.1%; previous value up 2.1% Japan October S&P Manufacturing PMI final value: initial value 48.3 France first nine months government budget: first eight months deficit €157.5 billion US September trade balance US September JOLTs job openings: previous value 7.227 million US September factory orders month-on-month US September durable goods orders month-on-month final value Corporate earnings: AMD (AMD.US), Uber (UBER.US), Amgen (AMGN.US), Pfizer (PFE.US), Spotify (SPOT.US), Marathon Oil (MPC.US), AIG (AIG.US), South Korea Coupang (CPNG.US) Nintendo (7974.JP) Earnings Announcement: Yum China (09987.HK) \---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- November 5 (Wednesday) New Zealand Q3 Unemployment Rate: Forecast 5.3%; Previous 5.2% New Zealand Q3 Employment Change QoQ: Forecast to rise 0.1%; Previous fell 0.1% New Zealand October ANZ Commodity Price MoM: Previous fell 1.1% Australia October S&P Composite PMI Final: Initial 52.6 Australia October S&P Services PMI Final: Initial 53.1 Japan October Monetary Base YoY: Previous fell 6.2% China October S&P Services PMI: Previous 52.9 China October S&P Composite PMI: Previous 52.5 Hong Kong October S&P PMI: Previous 50.4 Singapore October S&P PMI: Previous 56.4 Singapore September Retail Sales YoY: Previous rose 5.2% Singapore September Retail Sales MoM: Previous rose 0.5% Germany September Manufacturing Orders MoM: Forecast to rise 1.3%; Previous fell 0.8% Germany September Working Day Adjusted Manufacturing Orders YoY: Forecast to fall 3.9%; Previous rose 1.5% Germany October HCOB Services PMI Final: Initial 54.5 Germany October HCOB Composite PMI Final: Initial 53.8 Italy October HCOB Services PMI: Previous 52.5 Italy October HCOB Composite PMI: Previous 51.7 Italy September Retail Sales MoM: Previous fell 0.1% Italy September Retail Sales YoY: Previous rose 0.5% France October HCOB Services PMI Final: Initial 47.1 France October HCOB Composite PMI Final: Initial 46.8 Eurozone October Services PMI Final: Forecast 52.6; Initial 52.6 Eurozone October Composite PMI Final: Forecast 52.2; Initial 52.2 Eurozone September PPI MoM: Previous fell 0.3% Eurozone September PPI YoY: Previous fell 0.6% UK October S&P Services PMI Final: Initial 51.1 UK October S&P Composite PMI Final: Initial 51.1 US Last Week MBA Mortgage Applications: Previous rose 7.1% US October ADP Private Employment: Forecast to increase by 25,000; Previous fell by 32,000 US October S&P Services PMI Final: Initial 55.2 US October S&P Composite PMI Final: Initial 54.8 US October ISM Services Index: Forecast 51; Previous Value 50 Canada October S&P Services PMI: Preliminary Value 46.3 Canada October S&P Composite PMI: Preliminary Value 46.3 Corporate Earnings: Novo Nordisk (NVO.US), AppLovin (APP.US), McDonald's (MCD.US), Qualcomm (QCOM.US), Arm (ARM.US), Robinhood (HOOD.US), Johnson Controls (JCI.US), Toyota (7203.JP) Earnings Announcement: Hong Kong Stock Exchange (00388.HK) First Day Listing: Seres (09927.HK) \---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- November 6 (Thursday) Bank of England Monetary Policy Meeting, expected to maintain the benchmark interest rate at 4% Bank Negara Malaysia Monetary Policy Meeting, expected to maintain the benchmark interest rate at 2.75% Japan September Labor Cash Income Year-on-Year: Forecast to rise 2%; Previous Value revised to rise 1.3% Japan October S&P Composite PMI Final Value: Preliminary Value 50.9 Japan October S&P Services PMI Final Value: Preliminary Value 52.4 Australia September Trade Balance: Forecast surplus of AUD 4 billion; Previous Value surplus of AUD 1.825 billion Vietnam October CPI Year-on-Year: Forecast to rise 3.3%; Previous Value rose 3.38% Vietnam October Trade Balance: Forecast surplus of USD 1.6 billion; Previous Value surplus of USD 2.85 billion Vietnam October Industrial Value Added Year-on-Year: Previous Value rose 13.6% Vietnam October Retail Sales Year-on-Year: Previous Value rose 11.3% South Korea September Current Account (BoP): Previous Value surplus of USD 9.1488 billion South Korea September BoP Trade Balance: Previous Value surplus of USD 9.3978 billion India October HSBC Composite PMI Final Value: Preliminary Value 59.9 India October HSBC Services PMI Final Value: Preliminary Value 58.8 Taiwan October CPI Year-on-Year: Forecast to rise 1.4%; Previous Value rose 1.25% Switzerland October Seasonally Adjusted Unemployment Rate: Forecast 3.1%; Previous Value 3% Germany September Seasonally Adjusted Industrial Production Month-on-Month: Forecast to rise 3.1%; Previous Value fell 4.3% Germany September Working Day Adjusted Industrial Production Year-on-Year: Forecast to rise 0.1%; Previous Value fell 3.9% Germany October Construction PMI: Previous Value 46.2 UK October S&P Construction PMI: Previous Value 46.2 Eurozone September Retail Sales Month-on-Month: Previous Value rose 0.1% Eurozone September Retail Sales Year-on-Year: Previous Value rose 1% US October Challenger Job Cuts Year-on-Year: Previous Value fell 25.8% U.S. Q3 non-farm productivity preliminary rate: Previous value increased by 3.3% U.S. Q3 unit labor costs preliminary rate: Previous value increased by 1% U.S. new unemployment claims last week U.S. September wholesale sales month-on-month rate U.S. September wholesale inventory month-on-month rate Canada October Ivey seasonally adjusted PMI: Previous value 59.8 Corporate earnings: AstraZeneca (AZN.US), ConocoPhillips (COP.US), Airbnb (ABNB.US), Warner Bros. Discovery (WBD.US), DBS Group Earnings announcements: Autohome-S (02518.HK), BeiGene (06160.HK), Hua Hong Semiconductor (01347.HK), Rusal (00486.HK), Zai Lab (09688.HK) First day listing: Joyson Electronics (00699.HK), WeRide-W (00800.HK), Pony.ai-W (02026.HK), Wangshan Wangshui-B (02630.HK) \---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- November 7 (Friday) China October foreign exchange reserves: Previous value $3.3386 trillion China October trade balance in USD: Forecast surplus $101.1 billion; Previous value surplus $90.45 billion China October year-on-year export growth in USD: Forecast increase of 3.9%; Previous value increase of 8.3% China October year-on-year import growth in USD: Forecast increase of 3.1%; Previous value increase of 7.4% China October trade balance in RMB: Previous value surplus ¥645.47 billion China October year-on-year export growth in RMB: Previous value increase of 8.4% China October year-on-year import growth in RMB: Previous value increase of 7.5% Japan September household spending year-on-year: Forecast increase of 2.6%; Previous value increase of 2.3% Germany September seasonally adjusted trade balance: Previous value revised to surplus €16.9 billion France September trade balance: Previous value deficit €5.529 billion Hong Kong October foreign exchange reserves: Previous value $419.2 billion Taiwan October trade balance: Forecast surplus $10.7 billion; Previous value surplus $12.4 billion Taiwan October year-on-year export growth: Forecast increase of 31.8%; Previous value increase of 33.8% Switzerland October foreign reserves: Previous value $726.7 billion U.S. October non-farm payroll job additions U.S. October unemployment rate U.S. November University of Michigan consumer sentiment index preliminary value: Forecast 54; Previous value 53.6 Canada October unemployment rate: Forecast 7.2%; Previous value 7.1% Canada October employment change: Forecast decrease of 20,000; Previous value increase of 60,400 External Corporate Performance: Honda (7267.JP) ### Related Stocks - [02718.HK - MININGLAMP-W](https://longbridge.com/en/quote/02718.HK.md) - [PLTR.US - Palantir Tech](https://longbridge.com/en/quote/PLTR.US.md) - [09876.HK - OCEAN ONE HLDG](https://longbridge.com/en/quote/09876.HK.md) - [BNTX.US - BioNTech SE](https://longbridge.com/en/quote/BNTX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Palantir CEO Alex Karp Outspends Mark Zuckerberg On Private Jet, Michael Burry Calls It 'Quite The Feat' | Palantir Technologies CEO Alex Karp's travel expenses have come under scrutiny from investor Michael Burry, who highligh | [Link](https://longbridge.com/en/news/276258020.md) | | Palantir stock price targets shift \| 7 top analysts weigh in on PLTR | Palantir Technologies (NASDAQ: PLTR) has seen updates from 7 analysts regarding their ratings and price targets, indicat | [Link](https://longbridge.com/en/news/276250286.md) | | Asset Plus Limited Announces Quarterly Dividend of 0.2 NZ Cents Per Share | Asset Plus Ltd :INTERIM QUARTER DIVIDENDSHAREHOLDERS TO RECEIVE 0.2 NZ CENTS PER SHARE IN DIVIDEND | [Link](https://longbridge.com/en/news/276214185.md) | | Westpac Banking Says Mastercard Completes New Zealand's First Fully-Authenticated Agentic Transaction on Network | Westpac Banking Says Mastercard Completes New Zealand's First Fully-Authenticated Agentic Transaction on Network | [Link](https://longbridge.com/en/news/276088183.md) | | Spark New Zealand Says FY26 Guidance Reaffirmed | Spark New Zealand Ltd :FY26 GUIDANCE REAFFIRMEDH1 FY26 DIVIDEND OF 8 NZ CENTS PER SHARE DECLARED | [Link](https://longbridge.com/en/news/276189266.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.