EARNINGS Companies reporting results include Alcoa (Tuesday); PepsiCo (Wednesday); JPMorgan Chase, Safeway and Google (Thursday); and Mattel (Friday).
IN THE UNITED STATES The Federal Deposit Insurance Corporation will announce the proposed “Volcker Rule” that would limit banks’ trading activities and regulate their relationships with hedge funds and private equity firms (Tuesday). The Senate is expected to vote on legislation that would direct the Obama administration to take action against China regarding the value of its currency (Tuesday). The Federal Reserve will release the minutes of its September meeting on interest rates (Tuesday). A House energy and commerce subcommittee will conduct a hearing about consumer attitudes on privacy (Thursday). A House energy and commerce subcommittee will conduct a hearing about electric transmission issues (Thursday). A House financial services subcommittee will conduct a hearing about the housing finance system in a global context (Thursday).
IN EUROPE The Parliament of Slovakia is expected to vote on expanding the powers of the European bailout fund (Tuesday). The Group of 20 finance ministers will meet in Paris (Friday).
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