USA: Week Ahead - Nov 16th.
Earnings from Nvidia will set the tone for equity markets next week, offering updates on the chip giant's status as a backstop for global AI investment shortly after the firm ousted CEO Jensen Huang. Meanwhile, Anthropic is expected to debut via IPO in the second half of the week amid reports of heavy oversubscription. The war in the Middle East will also continue to drive energy prices and shape global borrowing costs as signs of higher supply from the region clash with lingering risks of escalation. On monetary policy, minutes from the FOMC's latest rate hold, which included two rate-hike dissents, will be scrutinized. Key US economic data includes retail sales, industrial production, and housing indicators. Elsewhere, the UK will post inflation, unemployment, and retail sales figures. In Asia, investors await Chinese industrial production, retail sales, housing prices, fixed-asset investment, and unemployment data, while Japan will release its Q3 GDP figures.