Milan, Italy – November 5, 2025 – A busy day of corporate earnings reports and key macroeconomic data releases is set to move European and U.S. markets today, with investors closely watching for signals on economic health and future growth. Several major Italian companies will be reporting, alongside data points expected to influence monetary policy decisions.
The agenda is packed with reports from McDonald’s, Mediobanca, I connected, Snam, Telecom Italia, and Tenax international, all releasing financial updates. Concurrently, a cascade of economic indicators will be published throughout the day, beginning with German industrial orders at 8:00 AM CET and culminating in U.S. oil inventory data at 4:30 PM CET. These releases will provide a comprehensive snapshot of economic activity across major global economies.
Here’s a breakdown of the key events scheduled for today:
Corporate Calendar:
* McDonald’s: Period results
* Mediobanca: CDA: Additional periodic Financial Information
* I connected: Board of Directors: Approval of the Consolidated Quarterly Report as of 09.30.2025
* Snam: Press release on 9-month results expected in the early afternoon, followed by an analyst presentation at 4:30 PM CET; Board of Directors: Interim management report as at 30 September 2025
* Telecom Italia: CDA: Results 9M 2025
* Tenax International: CDA: Additional Periodic Financial Information
* Toyota Motor: Period results
* Viasat: Period results
Macroeconomic Data (All times CET):
* 08:00 - Germany: Industrial Orders (monthly) – Expected: 0.8%; Previous: -0.8%
* 08:45 – France: Industrial Production (monthly) – Expected: 0.1%; Previous: -0.7%
* 10:00 – European Union: Composite PMI – Expected: 52.2 points; Previous: 51.2 points
* 10:00 – European Union: Services PMI – Expected: 52.6 points; Previous: 51.3 points
* 10:00 – Italy: Retail Sales (monthly) – Expected: 0.2%; Previous: -0.1%
* 10:00 – Italy: Retail Sales (Annual) – Previous: 0.5%
* 11:00 – European Union: Production Prices (monthly) – expected: 0%; Previous: -0.3%
* 11:00 – European Union: Production Prices (annual) - expected: -0.2%; Previous: -0.6%
* 13:00 – USA: Mortgage Requests (weekly) – Previous: 7.1%
* 14:15 – USA: ADP Employment – Expected: 31K units; Previous: -32K units
* 15:45 – USA: Composite PMI – Expected: 54.8 points; Previous: 53.9 points
* 15:45 – USA: Services PMI - Expected: 55.2 points; previous: 54.2 points
* 16:00 – USA: ISM Non-Manufacturing – Expected: 50.8 points; Previous: 50 points
* 16:30 – USA: Oil inventories (weekly) – Previous: -6.86 million barrels
