Publication Date: November 13, 2026
In this Economic calendar, we discuss the key macroeconomic developments and releases that could drive financial markets in the coming week.
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A Look Back at the Past Week
The week got off to a positive start on the U.S. stock markets. Falling oil prices eased inflation concerns, causing the S&P 500 to gain 2.3% on Monday and the Nasdaq to rise 2.7%. On Tuesday, however, sentiment shifted following disappointing U.S. inflation figures.
Consumer prices rose 0.4% in October, while analysts had expected a 0.3% increase. Although inflation was thus lower than in September, underlying price pressures in particular remained persistent. Core inflation, which excludes food and energy, once again rose more than expected.
These figures reinforce expectations that the U.S. Federal Reserve will raise interest rates further in December. Investors are now virtually certain that another rate hike is on the horizon. As a result, U.S. bond yields rose and the dollar strengthened.
Technology stocks, in particular, came under pressure as a result. Higher interest rates make borrowing more expensive and can put pressure on the valuations of growth companies. This wiped out the optimism from earlier in the week, and the focus shifted back to persistent inflation and future interest rate policy.
Outlook for the coming week
Next week will focus on three things: U.S. retail sales, Nvidia’s quarterly earnings, and the Fed’s meeting minutes.
On Tuesday at 2:30 p.m., the retail sales figures for October will be released. In September, sales rose by 0.8%, well above the expected 0.3%, though part of that increase was due to higher gas prices. A 0.3% increase is expected for October. If consumer spending remains strong, the Fed will have another reason to take decisive action in December, bringing a half-percentage-point rate hike closer. That would drive up interest rates and the dollar and be unfavorable for stocks and gold. A disappointing figure would indicate that high interest rates are beginning to slow the economy, which could provide some relief.
On Tuesday evening at 10:20 p.m., Nvidia will release its third-quarter earnings. Chip stocks have been under heavy pressure since the election, and Nvidia’s stock is down nearly 30% from early October. Analysts are expecting revenue of approximately $109 billion. A strong forecast could restore confidence in the AI sector. If the results are disappointing, the sell-off in tech stocks could continue.
On Wednesday at 8:00 p.m., the Fed will release the minutes from its October 27–28 meeting. Interest rates remained unchanged at 3.75–4.00% at that time, but two members voted for a rate hike. Investors will be looking to the minutes for clues as to how broad the support is for further rate hikes and whether the Fed is willing to raise rates more quickly.
Economic Market Calendar for Week 47
Below is a selection of key economic releases and quarterly earnings reports. All times are in Dutch time (CET).
Monday, November 16, 2026:
No major macroeconomic releases.
Tuesday, November 17, 2026
Macroeconomic Data
Quarterly Results
Wednesday, November 18, 2026
Macroeconomic Data
Thursday, November 19, 2026
No major macroeconomic releases.
Friday, November 20, 2026
No major macroeconomic releases.
Please note that publication dates and times are subject to change. For the most up-to-date information, always consult the official communication channels of the relevant institutions and government agencies.
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 intended for educational purposes only.