Analysis of Economic Events and Corporate Reports for Sunday, November 2, 2025. OPEC+ Meeting, Reports from Palantir, Vertex, and Williams Companies, Expectations for China's and Eurozone's PMIs, as well as Forecast for Investors at the Start of the Week.
Sunday sets the stage for a busy week ahead for global markets. Investors from Russia and the CIS will be attentive to the online meeting of OPEC+ regarding oil production and will take into account the transition of the U.S. to standard time. While stock exchanges in the CIS and Europe remain closed on this Sunday, analysts are focusing on the upcoming PMI data from China and the Eurozone, which will be released on Monday.
Macroeconomic Calendar (MST)
- 02:00 – U.S.: Transition to standard winter time (clocks are set back by one hour).
- 03:00 – OPEC+: Online meeting of member countries (possible discussion of increasing oil production in December).
Oil and Commodities: OPEC+
The OPEC+ countries will conduct a virtual meeting today. Preliminary reports suggest that the group is leaning towards a slight increase in oil production in December (+137,000 barrels/day). Such a decision will send signals to the market: following a price drop in late October, an increase in production could apply downward pressure on Brent and WTI prices. Energy companies and oil-exporting nations are closely monitoring the outcome of the meeting, as changes in quotas influence the balance of global supply and demand.
Consumer Demand: PMIs for China and the Eurozone
On Monday, the October PMIs for China and the Eurozone will be released. These indices serve as ahead-of-the-curve indicators for real economic conditions: an increase in the PMIs reflects a revival in manufacturing and export demand. For investors from the CIS, the Chinese statistics are particularly significant, as they influence metal and oil prices, and thereby affect the ruble. The publication of the Eurozone PMIs will provide insights into the recovery of the European economy. Strong data could support risk assets, whereas weak numbers may heighten the flow into ‘safe-haven’ markets (the U.S. dollar, gold).
Corporate Earnings Reports
- U.S. (S&P 500): On Monday after market close, Palantir (IT), Vertex Pharmaceuticals (pharmaceuticals), Diamondback Energy, and Williams Companies (energy), along with Simon Property Group (retail) will report earnings. Their results and forecasts could induce volatility in their respective sectors.
- Europe (Euro Stoxx 50): Most blue-chip stocks have already reported at the end of October. No major new releases are expected, hence indexes will primarily respond to macroeconomic news and currency dynamics.
- Asia (Nikkei 225 and others): Over the weekend and early in the week, reports will come from Bharti Airtel (India, telecommunications), Westpac Banking (Australia), and Titan Company (India, consumer goods). In Japan, the earnings season continues: key exporters (Toyota, Hitachi, and others) will publish results shortly, supporting demand for stocks.
- Russia (MOEX): The Moscow Exchange is closed on Sunday; however, investors are attuned to external factors. In the coming days, the boards of directors of Polymetal and Akron will determine dividends, while reports under RAS for major companies are typically released by the end of November.
Other Regions and Indexes: S&P 500, Euro Stoxx 50, Nikkei 225, MOEX
- U.S. (S&P 500): The indices are trading near record levels, with most companies having reported results. Investors are shifting their attention to the Federal Reserve's policies: a rate cut is anticipated at the upcoming meeting.
- Eurozone (Euro Stoxx 50): Markets are at historic highs. The focus is on the ECB meeting (a pause in rate changes is expected) and news developments (anticipated progress in U.S.-China trade negotiations).
- Japan (Nikkei 225): The index recently reached a historical peak (around 52,000 in October). A weak yen and strong reports from export-oriented companies are supporting the stock market.
- Russia (MOEX): No trading occurs, but the stock index and ruble are influenced by oil prices and geopolitical events. This week, investors will monitor news regarding oil, the Federal Reserve, and dividend decisions from Polymetal and Akron.
Key Takeaways: What Investors Should Focus On
- OPEC+: The decision on production quotas is a key driver of oil prices. A small increase in production (+137,000 barrels/day) is expected and could impact Brent and WTI prices.
- Transition to Winter Time: The clock change in the U.S. may increase short-term volatility in the currency and debt markets at the beginning of the week.
- China's and Eurozone PMIs: Important indicators of global demand. An increase in the indices could bolster risk assets and commodities, while poor performance may strengthen the dollar and gold.
- Russian Market: Despite the Moscow Exchange being closed, investors remain focused on external factors. Dividends from Polymetal and Akron, along with decisions from the Fed and ECB, will influence sentiment in the ruble market.
- Corporate Earnings Reports: Palantir, Vertex, Williams, Diamondback, and others will report this week. Their results may trigger volatility in the IT, pharmaceuticals, and energy sectors.
- Risk Management: The influx of data necessitates caution: it is advisable to set position limits in advance and hedge portfolios when necessary.
