Week’s main events (November 04 – November 08)
This is going to be an extremely volatile week. We will witness the US presidential election, the Fed, Bank of England, and Reserve Bank of Australia interest rate meetings. Finally, China’s National People’s Congress Committee will be meeting all week. The US presidential election will have far-reaching fiscal policy and global trade implications. We should expect increased volatility in stock indices and gold throughout Tuesday and the vote counting period. On Tuesday, the RBA will announce its decision, and Australia’s central bank is expected to keep the rate at 4.35%. Rather than Wednesday as usual, Thursday will see the US Federal Reserve’s monetary policy meeting, where a 0.25% rate cut is expected. Also, on Thursday, a 0.25% rate cut is expected from the Bank of England.
- – German Manufacturing PMI (m/m) at 10:55 (GMT+2);
- – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+2);
- – New Zealand RBNZ Financial Stability Report at 22:00 (GMT+2).
- – Japan Services PMI (m/m) at 00:00 (GMT+2);
- – China Standing Committee National People’s Congress;
- – Australia RBA Interest Rate Decision at 05:30 (GMT+2);
- – Australia RBA Rate Statement at 05:30 (GMT+2);
- – Switzerland Unemployment Rate (m/m) at 08:45 (GMT+2);
- – UK Services PMI (m/m) at 11:30 (GMT+2);
- – US Trade Balance (m/m) at 15:30 (GMT+2);
- – Canada Trade Balance (m/m) at 15:30 (GMT+2);
- – Eurozone ECB President Lagarde Speaks at 16:30 (GMT+2);
- – US ISM Services PMI (m/m) at 17:00 (GMT+2);
- – New Zealand Unemployment Rate at 23:45 (GMT+2).
- – US Presidential Election (All Day);
- – US Congressional Elections (All Day).
- – Japan Monetary Policy Meeting Minutes at 01:50 (GMT+2);
- – China Standing Committee National People’s Congress;
- – Japan Services PMI (m/m) at 02:30 (GMT+2);
- – German Services PMI (m/m) at 10:55 (GMT+2);
- – Eurozone Services PMI (m/m) at 11:00 (GMT+2);
- – UK Construction PMI (m/m) at 11:30 (GMT+2);
- – Eurozone ECB President Lagarde Speaks at 16:00 (GMT+2);
- – Canada Ivey PMI (m/m) at 17:00 (GMT+2);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+2).
- – China Standing Committee National People’s Congress;
- – China Trade Balance (m/m) at 05:00 (GMT+2);
- – German Trade Balance (m/m) at 09:00 (GMT+2);
- – German Industrial Production (m/m) at 09:00 (GMT+2);
- – Eurozone Retail Sales (m/m) at 12:00 (GMT+2);
- – UK BoE Interest Rate Decision at 14:00 (GMT+2);
- – UK BoE Rate Statement at 14:00 (GMT+2);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+2);
- – UK BoE Gov Bailey Speaks (m/m) at 17:15 (GMT+2);
- – US Natural Gas Storage (w/w) at 17:30 (GMT+2);
- – US Fed Interest Rate Decision at 21:00 (GMT+2);
- – UK FOMC Statement at 21:00 (GMT+2);
- – US FOMC Press Conference at 21:30 (GMT+2).
- – Canada Unemployment Rate (m/m) at 15:30 (GMT+2);
- – US Michigan Consumer Sentiment (m/m) at 17:00 (GMT+2).
by 2024.11.04
, Open Account