律动BlockBeats|Nov 02, 2026 01:05
[Macro Outlook This Week: US Midterm Elections and Non-Farm Payrolls in Focus, US Stocks Await Apple and AMD Earnings Reports]
BlockBeats reports that the global market will see several major events during the week of November 2nd to 8th. The US midterm elections, Apple and AMD earnings reports, and October non-farm payroll data will be the focus of market attention. In addition, the Bank of England and Reserve Bank of Australia interest rate decisions, the Israeli parliamentary election results, and the progress of the US-Russia-Ukraine trilateral negotiations are also worth noting.
Regarding technology stocks, Apple and AMD will release their latest earnings reports, which will be a crucial test after the impact on confidence in AI trading. Apple's market expectation is approximately $113 billion in revenue, which will be the first earnings report since the appointment of new CEO Tenus. AMD's market expectation is approximately $13 billion in revenue, with the progress of the Helios cabinet and MI450 chip being closely watched. In addition, Qualcomm, AMD, Coherent, Lumentum, and Berkshire Hathaway will also release their results. Other reports indicate that Marvell is in talks to acquire Lumentum, with an announcement potentially as early as this week. Testing of Apple's smart connectivity to Alibaba's Qianwen platform is scheduled to begin on November 4th.
Geopolitically, the US midterm elections on November 3rd will re-elect all 435 seats in the House of Representatives and 35 seats in the Senate. The election results will influence the Trump administration's fiscal, tariff, and industrial policy options for the next two years. The final results of the Israeli parliamentary elections are expected on November 4th, and the trilateral negotiations between Russia, the US, and Ukraine are also scheduled to resume this week in Abu Dhabi.
On the macroeconomic front, the US October non-farm payrolls report will be released. September's non-farm payrolls added only 29,000 jobs, while the market expects 65,000 in October. Strong employment data could further strengthen market expectations for a December rate hike by the Federal Reserve, impacting the dollar, US Treasury bonds, and gold prices.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink