Week Ahead: U.S. Big Tech earnings, the FOMC meeting, and the Trump-Xi meeting Take Centre Stage

 





Week Ahead: 27 Oct 2025

Upcoming week highlights: U.S. Big Tech earnings, the FOMC meeting, and the Trump-Xi meeting will take centre stage, while investors closely monitor key economic data and progress on the U.S. government shutdown.

Short Term: 
S&P 500 (SPX): The S&P 500 is attempting to break out of a two-month range. A sustained move above 6,770 likely trigger momentum toward 6,970. Until confirmed, the index remains range-bound with firm support around 6,600. 

Short-term traders consider partial long exposure above 6,770 with stop near 6,640.

Hang Seng Index (HSI): The Hang Seng Index is attempting to base above 25,600 after a volatile October. A close above 26,200 would tilt momentum bullish toward 27,000 +, while failure to clear that zone keeps the index range-bound. 

Base case remains neutral consolidation with cautious optimism for upside follow-through if FFI momentum and sentiment improve. Short-term traders stay neutral within range; initiate tactical longs only on confirmed breakout above 26,200

Straits Times Index (STI): The STI has rebounded from its October low but remains capped by 4,474 resistance level. Momentum is improving but conviction remains moderate. A sustained breakout above 4,474 would shift probabilities decisively bullish. 

Until then, the base case remains a sideways consolidation between 4,390 and 4,470. Short-term traders consider long exposure only above 4,474 with stop near 4,390.

Long Term:
S&P 500 (SPX) Upward Trend
Hang Seng Index (HSI) Upward Trend
Straits Times Index (STI) Uptrend Trend

Headlines Next Week:
US Corp Earnings:  Microsoft, Apple, Alphabet, Meta, Amazon, Visa, Mastercard, UnitedHealth and Exxon Mobil 
SG Corp Earnings: SG REITs, Keppel Ltd, Wilmar Int
US: FOMC Announcement, delayed 3Q GDP & PCE data, Oct mfg PMI, Trump–Xi Meeting
China: Oct mfg & non-mfg PMI, Sep industrial profits, 
Singapore: 3Q labour market data  

Disclaimers apply