• Trump’s win sparks fears of tariffs
  • Beijing’s lack of greater support disappoints investors
  • Tencent earnings on Nov 13 may impact stock movement
  • JD.com, NetEase, Geely report on Nov 14, key indicators
  • Alibaba’s earnings on Nov 15 expected to show weakness

    • The CHINAH along with CN50, and HK50 were left reeling from last week’s double whammy.First, President Trump’s election win triggered declines amid fears of incoming tariffs.Despite Thursday’s rebound, they fell again Friday after Beijing disappointed hopes for greater imminent economic support.

    Focus turns back to company earnings for major companies such as Tencent, Alibaba, and JD.com.

    If their financial results can punch past the gloom, that could help these indexes stay above their respective 21-day SMAs, at least temporarily.Bulls will also be hoping that the November 11th Singles Day sales can give these companies a boost to start off the week, helping the indices rise in tandem.
     Events Watchlist:

  • Wednesday, November 13th: Tencent earnings (before US markets open)

    • Tencent’s stocks, listed in Hong Kong and the US, are expected to move by 5% either up or down after this earnings release.Though Tencent’s video game segment should offset weakness in its fintech and advertising businesses, this stock is unlikely to be immune from the potentially darkening clouds over the Chinese economy.

  • Thursday, November 14th: Earnings from JD.com, NetEase, Geely (before US markets open)

    • These 3 stocks have a combined market cap of about US$135 billion and are all members of the CHINAH stock index.When US markets open on November 14th, after their respective results, these stocks are forecasted to move anywhere between 3% – 10%, either up or down.From e-commerce, to automotives, and even gaming, their respective results are likely to serve as a barometer of the health of the world’s second largest economy.

  • Friday, November 155th: Alibaba earnings (before US markets open)

    • Alibaba’s stocks, listed in Hong Kong and the US, are expected to move by 6.3% either up or down after this earnings release.Though it’s hoped that government measures to boost Singles Day sales could help Alibaba’s fortunes, this e-commerce giant is still expected to post lacklustre Q3 figures amid slowing consumption.Here’s a comprehensive list of other key economic data and events due this week:Monday, November 11

  • JPY: Bank of Japan meeting minutes

    • Tuesday, November 12

  • AUD: Australia November consumer confidence
  • GER40 index: Germany November ZEW survey; October CPI (final)
  • GBP: UK September unemployment; October jobless claims
  • USDInd: Speeches by Fed Governor Christopher Waller, Richmond Fed President Tom Barkin, Philadelphia Fed President Patrick Harker

    • Wednesday, November 13

  • JP225 index: Japan October PPI
  • EU50 index: Eurozone September industrial production
  • US500 index: US October CPI
  • USDInd: Speeches by Kansas City Fed President Jeffrey Schmid, Dallas Fed President Lorie Logan, St. Louis Fed President Alberto Musalem
  • Tencent earnings

    • Thursday, November 14

  • AU200 index: Australia October unemployment
  • EUR: Eurozone 3Q GDP, employment
  • US400 index: US weekly initial jobless claims; October PPI
  • US30 index: Speeches by Fed Chair Jerome Powell andNew York Fed President John Williams
  • Earnings from JD.com, NetEase, Geely
  • Walt Disney earnings
  • MXN: Bank of Mexico interest rate decision

    • Friday, November 15

  • NZD: New Zealand October manufacturing PMI
  • JPY: Japan 3Q GDP; September industrial production (final)
  • CN50 index: China October industrial production, retail sales, property investment
  • GBP: UK 3Q GDP; September industrial production, trade balance
  • RUS2000 index: US October retail sales and industrial production
  • Alibaba earnings

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