This Week's Macro Outlook: The U.S. Federal Reserve will announce its interest rate decision on Thursday, with a flurry of earnings reports from major tech giants.

Below are the key market events to watch this week (all times Beijing): Thursday 02:00: U.S. Federal Reserve FOMC announces interest rate decision; Thursday 02:30: Fed Chair Waller holds monetary policy press conference; Thursday 20:30: U.S. Q3 real GDP annualized advance quarterly rate, U.S. September core PCE price index YoY, U.S. September PCE price index YoY, U.S. initial jobless claims for the week ending Oct 24, U.S. September personal spending MoM; Thursday 21:15: European Central Bank (ECB) announces interest rate decision; Thursday 21:45: ECB President Lagarde holds press conference; Friday: Bank of Japan (BOJ) announces interest rate decision; Friday 14:30: BOJ Governor Kazuo Ueda holds press conference. U.S. stocks will enter the busiest week of the current earnings season, with roughly one-third of S&P 500 components set to report results. Microsoft and Alphabet will kick off the earnings releases after U.S. markets close this Wednesday, followed by Amazon after Thursday’s market close.