Publication date: November 7, 2025
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The week ahead: Inflation figures US
In Money Care's weekend report, we present you with the overview of the (macro-economic) events that could cause movement in the stock markets.
Review of last week:
As expected, no notable macro-economic events took place in the past week. Worth mentioning are developments in the U.S.shutdown and the China-U.S. trade war. These are not the events that are currently still causing significant shifts in the financial markets , but they are issues that are playing an important role in the background.
The U.S . federal government is still in lockstep , reaching its longest period ever. On the financial markets , there is little effect yet .In daily life in the U.S.,the shutdownwill certainly have an impact. For example, hundreds of thousands of employees are without pay, and the government has created uncertainty about a back-payment of wages. In addition, the number of flights at major airports has been reduced by 10 percent. These measures could result in economic losses estimated at USD 15 billion .
There is better news in the ongoing trade conflict between the US and China. There is currently de-escalation due to various commitments back and forth. It is a temporary truce of about a year but will be reviewed for initial implementations on Nov. 10, 2025 .
Furthermore, ADP estimated this week an increase of 42,000 jobs in the US non-farm sector in October . The official figures remain out for a while due to the well-known shutdown but this estimated number of new jobs indicates that one does not expect strong development of the important labor market in the U.S. This in turn could prompt the Fed to cut interest rates again in December .
Next week:
On Thursday, 2:30 p.m., the U.S. Consumer Price Index for October will be released. The Fed's goal is a healthy labor market and 2% annual inflation.Interest rate policy is its tool to drive this. Currently, the annualized inflation rate (CPI) in the U.S. is 3%.
The labor market is weakening and calls for further interest rate cuts. However, inflation is on the high side so it is not yet a foregone conclusion that interest rates will be cut further in December.
Thursday's release of the CPI is therefore of great importance.The expectation in the market is that the CPI will remain unchanged at 3% on an annual basis and also unchanged at 0.3% on a monthly basis. If the CPI comes out lower than expected, this will give more reason to cut interest rates. Equity markets will react positively to this, whereas a higher CPI will have a negative impact on equity markets.
Tuesday the Dutch CPI will be released (expected 3.1%) and on Friday the GDP growth in the Netherlands. The Netherlands is expected to experience economic growth of 1.6% on an annual basis and 0.4% on a quarterly basis. The internationally focused equity markets will not take any notice but for our many Dutch readers it may be of interest.
The stock market agenda week 46
Herewith the most important macro-economic data for the coming week. The data may cause additional movement in the financial markets.
Monday, November 10, 2025:
Tuesday, November 11, 2025:
Wednesday, November 12, 2025:
Europe:
Thursday, November 13, 2025:
Friday, Nov. 14, 2025:
Europe:
Please note that dates and times of these events may change. For the most up-to-date information, it is advisable to consult the official communication channels of the relevant organizations and governments.
Disclaimer: Investinginvolves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.