Week inAdvance
Monday | Nov 2, 2020
Mon Nov 2 Brexit talks. | Tue Nov 3 Election night in the U.S.. | Wed Nov 4 Fed, BoE Big Data forum. | Thu Nov 5 FOMC rate decision. | Fri Nov 6 U.S. unemployment data.

All times are Eastern and subject to change.
save the date
Thursday, Nov 12
INVESTORS market practices industry update
11:30 - noon

Come when you can. Leave when you have to. Take your calls.
at the agencies
Monday, Nov 2
COMMODITY FUTURES TRADING COMMISSION
Open virtual meeting to consider a final rule on amendments to Part 50 clearing requirement exemptions for central banks, sovereigns, IFIs, bank holding companies, and CDFIs.

Wednesday, Nov 4
SECURITIES AND EXCHANGE COMMISSION
Open virtual meeting to consider
  • Whether to issue a Notice, pursuant to Exchange Act Rule 0-13, seeking public comment on an application made by a foreign financial regulatory authority, pursuant to Exchange Act Rule 3a71-6, for a substituted compliance determination, and on a proposed order providing for the conditional availability of substituted compliance in connection with the application.

  • Whether to issue an order granting exemptive relief from Sections 8 and 15(a)(1) of the Securities Exchange Act of 1934 and Rules 3b-13(b)(2), 8c-1, 10b-10, 15a-1 and 15c2-1 thereunder in connection with the revision of the definition of “security” to encompass security-based swaps; declining to extend exemptive relief from Rules 10b-16 and 15c2-5; and determining the expiration date for a temporary exemption from Section 29(b) of the Securities Exchange Act of 1934 in connection with registration of security-based swap dealers and major security-based swap participants.

Wednesday, Nov 4 -
Thursday, Nov 5
FEDERAL RESERVE
Two-day meeting of the Federal Open Market Committee. The FOMC isn’t expected to make any meaningful decisions until December on whether to increase the pace of the Fed’s asset purchases. Fed Chair Jerome Powell will hold a post-decision press conference on Thursday.

Wednesday, Nov 4 -
Friday, Nov 6
FEDERAL RESERVE
The Fed and the Bank of England host a virtual conference on Big Data and economic instability.

Thursday, Nov 5
SECURITIES AND EXCHANGE COMMISSION
Special remote meeting of the Asset Management Advisory Committee to consider recommendations concerning Covid-19 related operational issues, which may include electronic delivery, remote work, e-authorization, and dematerialization. AMAC was formed to provide the commission with diverse perspectives on asset management and related advice and recommendations. See the complete agenda here.
on the hill

House and Senate not in session.
across the globe
Monday, Nov 2
BRUSSELS, Belgium & LONDON, U.K.
Brexit trade-deal talks between the U.K. and EU are likely to continue, with the leaders getting involved. Both sides have warned time is running out.

Monday, Nov 2
RIYADH, Saudi Arabia
G20 6th Framework Working Group virtual meeting.

Monday, Nov 2
PARIS FRANCE
OECD (Organization for Economic Cooperation and Development) Symposium on Quality Infrastructure Investment, an online ministerial launch and high-level dialogue on the importance of quality infrastructure investment followed by a public-private seminar on the promotion of the G20 Principles and of related good practices in developing countries.

Tuesday, Nov 3
BEIJING, China
Hong Kong Chief Executive Carrie Lam heads a delegation of senior city officials on a trip to Beijing, where they’ll discuss economic policies with Chinese authorities. Lam will also meet Guangzhou and Shenzhen officials on the so-called Greater Bay Area plan.

Tuesday, Nov 3 -
Wednesday, Nov 4
BRUSSELS, Belgium
Euro-area finance ministers meet virtually to discuss Covid-19, the digital euro, money laundering, terrorism financing, non-performing loans, and the banking union.

Tuesday, Nov 3 -
Wednesday, Nov 4
BASEL, Switzerland
Bank for International Settlements ASBA (Association of Supervisors of Banks of the Americas) virtual meeting on cyber risk.

Wednesday, Nov 4
SHANGHAI, China
President Xi Jinping will deliver the keynote address via video at China’s third International Import Expo. The national project is designed to boost domestic consumption and attract foreign investment amid trade tensions with the U.S.
other events
Tuesday, Nov 3
U.S. presidential election, finally. Democrat Joe Biden has maintained his polling lead over President Donald Trump over the past several weeks. However, a polarized electorate, a surge in Covid-19 infections, voter suppression attempts, and record early voting make the outcome uncertain.

Wednesday, Nov 4
The U.S. withdrawal from the Paris Agreement takes effect, a day after the election. If Donald Trump loses, Joe Biden could cancel the withdrawal from the climate pact immediately upon taking office in January.

Friday, Nov 6
The U.S. jobs rebound has moderated in recent months, and the October payrolls report will offer an updated view on the pace of the labor market’s rebound. The unemployment rate is expected to decline further.
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