2026.11.0616:25:25UTC+00Week Ahead - Nov 9th

In the coming week, the AI trade is set to remain in focus as investors evaluate whether last week’s rotation out of technology stocks will persist or if enthusiasm for the sector will rebound after the sell-off sparked by the Democrats’ sweep of the US Congress. In the United States, CPI and PPI data will offer fresh signals on the inflation outlook and help refine expectations for the Federal Reserve’s next policy decision, with markets currently pricing in another 25bps rate hike in December. A slate of speeches and public appearances by Fed officials will also be watched closely for additional guidance on the path of interest rates.

Globally, attention will turn to China’s inflation and trade figures, Japan’s PPI, and inflation readings from India, Brazil and Mexico. Investors will also monitor trade data from Germany and the UK, alongside GDP releases from the UK, Russia, Poland and the Philippines.