Next week will bring more market nerves as a flurry of central bank decisions and economic data set out the path for global inflation and growth.
How are things happening in the workshop? There are three clues this week that will help gauge how Asia's manufacturing powerhouses are doing, with industrial production numbers from Japan and South Korea and the purchasing managers' index from China. Four of Southeast Asia's biggest economies will give us consumer price data for an indication of how hard inflation is hitting the region's developing nations.
The Fed is expected to raise rates for the fourth time in a row at their meeting in November. The Bank of England is expected to deliver its biggest rate rise in 33 years. Australia's central bank could feel the pressure at its decision on Tuesday.
The big payroll is one of the reasons the Fed and others keep raising borrowing costs. Friday's US jobs data will be watched by economists to see if the labor market is cooling.
Japan will be the focus of Asia's earnings spotlight with Toyota, Sony and Nomura expected to report results. With the Bank of Japan's easy monetary policy, investors will be on high alert for any changes to Japanese companies' forecasts. The market could react strongly to any earnings disappointment because of the selloff of Chinese stocks.
As he starts his third term as China's leader, President XI jing will host a flurry of top foreign leaders, with Vietnam's Communist Party chief first in line. The Prime Minister of Pakistan, the Chancellor of Germany, and the President of Tanzania are also in line to attend the world summits in November.
Brazil's 156 million voters head back to the polls today for the second and final round of voting in an election that could have a huge impact on everything from the global commodities trade to the fate of the Amazon rainforest.
This week, we looked at why the world's biggest source of clean energy is under threat, and the battle between the two biggest streaming services. If you enjoy reading our Big Takes, you should listen to the Big Take, which gives more insight into one important story every weekday. You can subscribe on Apple and iHeart.
As South Korea begins a period of mourning to recover from the devastating shock of Saturday's fatal Halloween party, what are the lessons that can be learned, and what will be the political ramifications for the president?
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