Financial markets face a busy week, with US and German inflation figures, UK GDP data and Cisco Systems’ quarterly results among the main events.
US inflation data on Tuesday will be closely watched for clues about the Federal Reserve’s interest rate decisions. Headline CPI is forecast to rise by 0.3% month-on-month in October, compared with 0.6% in September. A higher-than-expected reading could strengthen expectations of further monetary tightening and influence the US dollar.
Germany’s final October inflation figures are due on Wednesday, providing another indication of price pressures across the eurozone. The data will be assessed against expectations that the European Central Bank could raise interest rates by mid-2027.
Cisco Systems reports its first-quarter fiscal 2027 results on Thursday. Analysts expect earnings of $1.32 per share and revenue of approximately $18.1bn. The market will be particularly interested in demand for technology infrastructure and artificial intelligence-related investment, as well as the company’s outlook.
UK third-quarter GDP figures and September industrial production data will also be released on Thursday, providing an update on economic growth.
Other companies reporting this week include Vodafone, Burberry, QinetiQ, United Utilities, B&M and Applied Materials.
CMC Markets plc (LON:CMCX) is a UK-based financial services company that offers online trading in shares, spread betting, contracts for difference and foreign exchange across world markets.
