Next Week's Macro Outlook: US CPI Due Tuesday; CoreWeave and Nebius to Report Earnings
November 8 — Market focus for next week (November 9–13) is as follows: The US will release October CPI at 21:30 Beijing time on Tuesday, November 10; the Cleveland Fed model projects headline CPI up 0.24% month over month and core CPI up 0.21%. October PPI will be released at 21:30 on Friday, November 13. About 10 Federal Reserve officials are scheduled to speak next week, including Waller, Williams and Jefferson. After October nonfarm payrolls beat expectations, LSEG data shows the market sees roughly an 80% probability that the Fed will raise rates by 25 basis points in December. On the earnings front, CoreWeave will report on November 10, while Nebius and Cisco will report on November 12. In crypto, Hyperliquid ecosystem L2 network Elysium plans to launch its mainnet on November 9; separately, Anthropic is reportedly planning to kick off its IPO roadshow next week.