November Week Ahead: PMI and Rate Decisions in Focus

In the week beginning 3 November 2025, markets are preparing for key private-sector surveys of manufacturing and services—specifically from S&P Global and the Institute for Supply Management—as well as policy-rate decisions from the Bank of England, Reserve Bank of Australia and others. The absence of official U.S. government data due to the shutdown has amplified attention on these readings. Investors will also track preliminary consumer-confidence numbers as a guide to spending momentum. The outcomes will shape market sentiment and direction in the near term.