Week’s main events (November 27 – December 01)
The Reserve Bank of New Zealand will meet on Wednesday, where the official monetary rate is expected to be kept at 5.5%. The OPEC+ group surprised the market last Wednesday by postponing its scheduled November 26 meeting until November 30 after producers failed to reach a consensus on production levels. This increased interest in the current OPEC+ meeting, where oil production cuts will be discussed. Thursday’s US PCE inflation report is likely to bolster the case for the Federal Reserve to stop raising rates. Also, this week, inflation data will be released in the Eurozone, which is expected to indicate that price pressures eased again in November. However, despite signs of slowing inflation, the minutes of the ECB’s most recent meeting last Thursday showed that officials believe they should be prepared to raise rates again if necessary. There will also be many speeches this week by central bank officials that are worth watching closely.
- – US Building Permits (m/m) at 15:00 (GMT+2);
- – US New Home Sales (m/m) at 17:00 (GMT+2);
- – Eurozone ECB President Lagarde Speaks (m/m) at 16:00 (GMT+2).
- – Australia Retail Sales (m/m) at 02:30 (GMT+2);
- – Japan BoJ Core CPI (m/m) at 07:00 (GMT+2);
- – US CB Consumer Confidence (m/m) at 17:00 (GMT+2);
- – US FOMC Member Bowman Speaks at 17:45 (GMT+2);
- – Eurozone ECB President Lagarde Speaks (m/m) at 18:00 (GMT+2);
- – US FOMC Member Barr Speaks at 20:05 (GMT+2).
- – Australia Consumer Price Index (m/m) at 02:30 (GMT+2);
- – RBNZ Interest Rate Decision at 03:00 (GMT+2);
- – RBNZ Monetary Policy Statement at 03:00 (GMT+2);
- – RBNZ Press Conference at 04:00 (GMT+2);
- – German Consumer Price Index (m/m) at 15:00 (GMT+2);
- – US GDP (q/q) at 15:30 (GMT+2);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+2);
- – US FOMC Member Mester Speaks at 20:45 (GMT+2).
- Japan Retail Sales (m/m) at 01:50 (GMT+2);
- – Japan Industrial Production (m/m) at 01:50 (GMT+2);
- – China Manufacturing PMI (m/m) at 03:30 (GMT+2);
- – China Non-Manufacturing PMI (m/m) at 03:30 (GMT+2);
- – German Retail Sales (m/m) at 09:00 (GMT+2);
- – Switzerland Retail Sales (m/m) at 09:30 (GMT+2);
- – Switzerland KOF Leading Indicators (m/m) at 10:00 (GMT+2);
- – German Unemployment Rate (m/m) at 10:55 (GMT+2);
- – OPEC+ meeting at 12:00 (GMT+2);
- – Eurozone Consumer Price Index (m/m) at 12:00 (GMT+2);
- – US PCE Price index (m/m) at 15:30 (GMT+2);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+2);
- – Canada GDP (q/q) at 15:30 (GMT+2);
- – Eurozone ECB President Lagarde Speaks (m/m) at 15:30 (GMT+2);
- – US FOMC Member Williams Speaks at 16:05 (GMT+2);
- – US Chicago PMI (m/m) at 16:45 (GMT+2);
- – US Pending Home Sales (m/m) at 17:00 (GMT+2);
- – US Natural Gas Storage (w/w) at 17:30 (GMT+2).
- – Japan Unemployment Rate (m/m) at 01:30 (GMT+2);
- – Switzerland GDP (q/q) at 10:00 (GMT+2);
- – German Manufacturing PMI (m/m) at 10:55 (GMT+2);
- – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+2);
- – UK Manufacturing PMI (m/m) at 11:30 (GMT+2);
- – Canada Unemployment Rate (m/m) at 15:30 (GMT+2).
- – Canada Manufacturing PMI (m/m) at 16:30 (GMT+2);
- – US ISM Manufacturing PMI (m/m) at 17:00 (GMT+2);
- – US Fed Chair Powell Speaks at 18:00 (GMT+2).
by 2023.11.27
, Open Account