Analysis of Economic Events and Corporate Reports for Sunday, 2nd November 2025. OPEC+ Meeting, Reports from Palantir, Vertex and Williams Companies, China and Eurozone PMI Expectations, and Investor Outlook for the Start of the Week.
Sunday sets the stage for a busy week ahead in global markets. Investors from Russia and the CIS will be paying close attention to the online meeting of OPEC+ member countries concerning oil production, while accounting for the United States transitioning to standard time. The CIS and European exchanges will be closed this Sunday; however, analysts are particularly focused on the upcoming PMI data from China and the Eurozone, which will be released on Monday.
Macroeconomic Calendar (Moscow Time)
- 02:00 – USA: Transition to standard winter time (clocks are set back one hour).
- 03:00 – OPEC+: Online meeting of participating countries (possible discussions on increasing oil production for December).
Oil and Commodities: OPEC+
The OPEC+ countries will hold a virtual meeting today. Preliminary reports indicate that the group is considering a modest increase in oil production in December (+137,000 barrels per day). This decision will serve as a market signal: following the price decline at the end of October, any increase in production could weigh on Brent and WTI prices. Energy companies and oil exporters are closely monitoring the outcome of this meeting, as changes in quotas can alter the balance of global supply and demand.
Consumer Demand: PMI Data from China and the Eurozone
On Monday, the October PMI figures for China and the Eurozone will be released. These indices typically precede the real state of economies: an increase in PMI reflects a revival in production and export demand. For investors in the CIS, the Chinese statistics are particularly significant as they influence prices of metals and oil, and consequently the ruble. The release of PMI data for the Eurozone will provide insights into the recovery of the European economy. Strong data may support risk assets, while weaker figures could intensify flows into "safe-haven" markets (such as the dollar and gold).
Corporate Reporting
- USA (S&P 500): On Monday after market close, Palantir (IT), Vertex Pharmaceuticals (pharmaceuticals), Diamondback Energy, and Williams Companies (energy), as well as Simon Property Group (retail) will report. Their results and forecasts may induce volatility within their respective sectors.
- Europe (Euro Stoxx 50): Most blue-chip companies reported their earnings at the end of October. No major releases are anticipated this week, thus indices are likely to respond predominantly to macroeconomic news and currency fluctuations.
- Asia (Nikkei 225 and others): During the weekend and early next week, reports will be released by Bharti Airtel (India, telecommunications), Westpac Banking (Australia), and Titan Company (India, consumer goods). In Japan, the earnings season continues, with key exporters (Toyota, Hitachi, etc.) set to publish results later, sustaining demand for their shares.
- Russia (MOEX): The Moscow Exchange is closed on Sunday, but investors are looking to external factors. In the coming days, the boards of directors of Polymetal and Akron will determine dividends, while the financial reports of major companies according to RAS are traditionally released by the end of November.
Other Regions and Indices: S&P 500, Euro Stoxx 50, Nikkei 225, MOEX
- USA (S&P 500): Indices are trading at record levels, with most companies having reported their results. Investors are shifting focus to Fed policy: a rate cut is anticipated at the upcoming meeting.
- Eurozone (Euro Stoxx 50): Markets are at historical highs. Central to current discussions are the ECB meeting (a pause in rates is expected) and news flow (expected progress in US-China trade talks).
- Japan (Nikkei 225): The index recently reached a historical high (with an October peak around 52,000). A weak yen and strong reports from export-oriented companies are supporting the equity market.
- Russia (MOEX): No trading occurs, but the stock index and the ruble are influenced by oil prices and geopolitical factors. This week, investors will follow news related to oil, the Fed, and dividend decisions from Polymetal and Akron.
Key Takeaways for Investors
- OPEC+: The decision on quotas will be a key driver of oil prices. A modest increase in production (+137,000 barrels per day) is expected, which may affect Brent and WTI prices.
- Transition to Standard Time: The clock change in the US may heighten short-term volatility in currency and bond markets at the beginning of the week.
- China and Eurozone PMI: Important indicators of global demand. An increase in indices will support risk assets and commodities, while weak outcomes will strengthen the dollar and gold.
- Russian Market: The Moscow Exchange is closed, but investor attention is on external factors. Dividends from Polymetal and Akron and the Fed/ECB decisions will shape sentiment in the ruble market.
- Corporate Reporting: Palantir, Vertex, Williams, Diamondback, among others, will report this week. Their results could lead to volatility in the IT, pharmaceutical, and energy sectors.
- Risk Management: The abundance of data necessitates caution: it is advisable to set position limits in advance and hedge portfolios as necessary.
