Upcoming Week for FX and Bonds: Spotlight on U.K. Autumn Budget and U.S. Economic Data
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2025
0mins
Source: WSJ
U.K. Autumn Budget: The U.K. autumn budget is set to be announced, with Treasury chief Rachel Reeves expected to propose tax increases to address public finances, though specific details remain uncertain following a reported reversal on income-tax hikes.
U.S. Federal Reserve Uncertainty: In the U.S., there is ongoing uncertainty regarding the Federal Reserve's interest-rate decision for December, leading to increased market scrutiny of economic data.
Thanksgiving Market Impact: The upcoming week will be shortened due to Thanksgiving, with bond and stock markets closed on Thursday and closing early on Friday.
Market Reactions: Investors are likely to react to both the U.K. budget announcements and U.S. economic data as they navigate the holiday-shortened trading week.
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Analyst Views on TW
Wall Street analysts forecast TW stock price to rise
9 Analyst Rating
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 125.610
Low
110.00
Averages
137.00
High
189.00
Current: 125.610
Low
110.00
Averages
137.00
High
189.00
About TW
Tradeweb Markets Inc. is a global operator of electronic marketplaces for rates, credit, equities and money markets. The Company provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 50 products to clients. It supports its clients by providing solutions across the trade lifecycle, including pre-trade, execution, post-trade and data and analytics. Its technology supports multiple asset classes, trading protocols and geographies. The Company provides deep liquidity pools to the institutional, wholesale and retail client sectors through its Tradeweb Institutional, Dealerweb, Tradeweb Direct and ICD Portal platforms. It provides fully electronic, hybrid and voice trading for the wholesale community on its Dealerweb platform. Its network comprises clients across the institutional, wholesale, retail and corporate client sectors, including global asset managers, hedge funds, central banks, banks and dealers, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Economic Impact: The fluctuations in yields may influence corporate borrowing costs and consumer loan rates, potentially impacting overall economic activity, particularly in the real estate and consumer credit sectors.
- Policy Outlook: The Supreme Court ruling may usher in new changes to trade policies and the economic landscape, prompting investors to closely monitor subsequent policy developments to adjust their investment strategies and risk management accordingly.
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See More
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- Enhanced Data Experience: The companies plan to co-develop new institutional-grade analytics that integrate Kalshi's real-time event probabilities with Tradeweb's existing pricing, liquidity, and macro intelligence datasets, enabling institutional participants to analyze unique market signals and optimize risk management and pricing models.
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