Here you can wait next week:
Exports of Iranian oil will fall as US sanctions begin.
US sanctions for Iran's oil exports are officially rebuffed on Monday morning, the most important action Tramba's administration has taken against Tehran since the United States withdrew from Iran's nuclear agreement. Fearful retaliation, European and Asian companies have already reduced the markets for Iranian oil. Experts doubt that Washington can stop all Iran's oil exports – and the government announced on Friday that it exempts eight countries from sanctions. However, shipments from Iran are expected to fall by 1.7 million barrels per day. With climbing Saudi, Russian and American production and slowing global economic growth, oil prices have fallen in recent weeks.
– Kaffford Crass
Recruitment becomes more and more difficult as the labor market tightens.
The employment report on Friday showed that the labor market continued in October, with employers adding 250,000 jobs and the unemployment rate remaining at a low level of nearly 50 years. Separate data from the Department of Labor on Tuesday will draw a more detailed picture of how hard it has been for companies to hire. In August, there were 114 jobs for every 100 unemployed, the biggest reason being that the gap was probably widened in September. Workers, meanwhile, are leaving their jobs at the highest rate since 2001, a sign that gains confidence to make better-value purchases. Economists will follow both measures to demonstrate that employers will be forced to offer higher increases to attract and retain workers.
– Ben Casselman
BMW, caught in the middle of the war, will report earnings.
BMW will publish the third quarter earnings on Wednesday and are likely to provide more details on how much damage has been suffered since President Trump's war. The BMW factory in Spartanburg, S.C., which produces popular utility vehicles popular in China, has been caught in the crossfire of title titles. BMW, based in Germany, has already warned in September that the profit would be less than the previous forecasts, partly due to trade intensities.
– Jack Ewing
Fueled to meet, but no price increase is expected.
Federal Reserve Policymakers are meeting this week, but policy changes are not on the menu. The Fed raised its benchmark interest rate by one quarter at its last meeting in September and is expected to raise interest rates in another quarter at its next meeting in December. This week, the Fed just spends time. The committee usually meets on Tuesdays and Wednesdays, but this week's session is on Wednesdays and Thursdays, avoiding a conflict with Election Day. A slightly interesting milestone: This is the last meeting of the committee which is not followed by a press conference. Fed Chairman Jerome H. Powell announced he will hold a press conference after eight Fed meetings next year, an increase from the current schedule of quarterly news conferences.
– Binyamin Appelbaum
Disney theme parks are expected to contribute to strong earnings.
Disney shares rose 12 percent from the beginning of July to the end of September, far exceeding growth from the stock index Standard & Poor's 500. When Disney reports earnings for this Thursday, investors expect that the momentum of the company will continue. Earnings per share will total $ 1.33, up 24% from the same quarter of the previous year, according to analysts' estimates. Contributing will be the huge Disney theme park business, which has white heat – a result of new attractions, higher prices and a strong economy in the United States. Television, which is Disney's biggest business, should have a compact quarter (as opposed to the previous year), along with Walt Disney Studios, which released "Ant-Man and the Wasp"
An area of potential weakness: Disney Consumer Products, which announced a reduction in earnings for the last four quarters. The turbulent division, Disney's smallest, has suffered from weakness in major franchises such as "Star Wars" and wider incidents in the gaming market.
– Brooks Barns
EU Ministers to discuss trade relations and W.T.O.
The Foreign Ministers of the countries of the European Union will meet on Friday in Brussels to discuss trade relations with the United States and the reform of the World Trade Organization Many of the European leaders hope that, with the midterm elections, the chances will be improved for an agreement that would reduce tensions. Behind the scenes, officials from the United States and the European Union are discussing ways to harmonize rules on goods such as pharmaceuticals and cars, which will reduce costs for companies and consumers on both sides of the Atlantic.
– Jack Ewing