Automakers, Allstate and Charter Lead a Busy Week

Thursday brings a clutch of confirmed earnings calls, with autos dominating the global calendar. Polestar reports today, and ORTEX registration data tells a mixed story: Dutch car registrations are running 68% below the same quarter last year, a dataset with a strong fit to Polestar revenue. German car numbers, however, are running 32% ahead year-on-year, three months into the quarter. Investors will want to know which market is winning.

Renault also reports today. Austrian car registrations are running 6% above last year's pace across all three months of the quarter, a moderate leading indicator for revenue, though Dutch registrations point the other way at minus 21%.

On Wall Street, Allstate holds its earnings call this morning. The insurer carries a market cap above $66 billion. Albemarle, the lithium producer, and Advance Auto Parts also call before the open today.

Friday brings Charter Communications, the cable group now well below the MSCI World exit line. ORTEX Index Rebalance Radar forecasts $901 million of forced selling if the deletion is confirmed at the November 11 MSCI World review announcement.

Honda Motor reports Friday. Japanese car registrations are running 10% below the same quarter last year, a dataset with a strong fit to Honda revenue, covering all three months of the quarter.

No IPOs are scheduled in the next seven days. The calendar is clean on that front.

The MSCI World November review announces on Tuesday 11 November. Around six deletions are expected. Xero sits just 2.3% above its exit line, the closest of any name still in play.