{"id":9837,"date":"2024-11-11T07:27:09","date_gmt":"2024-11-11T07:27:09","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=9837"},"modified":"2024-11-11T07:27:10","modified_gmt":"2024-11-11T07:27:10","slug":"weekly-overview-2024-11-11","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2024-11-11\/","title":{"rendered":"Week&#8217;s main events (November 11 \u2013 November 15)"},"content":{"rendered":"\r\n<div class=\"ag-base_page ag-m-format-container\">\r\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (November 11 \u2013 November 15)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n<p class=\"ag-analytics_text\">In the United States, all eyes will be on consumer and producer inflation data, retail sales, and speeches from Federal Reserve officials as investors look for clues about the Fed&#8217;s monetary policy outlook. The UK will release key indicators, including the unemployment rate, wage growth, third-quarter GDP, and industrial production data. Also, traders will focus on data on China. The Chinese economy is still struggling to recover, and the next data will show how the recent stimulus has affected the economic outlook.<\/p>\r\n<div class=\"ag-analytics_title\">Monday, November 11<\/div>\r\n<div class=\"ag-analytics_title-list\">Monday will be a fairly quiet day. No major economic events are expected in the European and American sessions. Traders&#8217; interest may be only on the inflation expectations data from New Zealand. It\u2019s a bank holiday in the United States and Canada.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 New Zealand Inflation Expectations (q\/q) at 04:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Tuesday, November 12<\/div>\r\n<div class=\"ag-analytics_title-list\">On Tuesday, traders should pay attention to the UK labor market data, which the Bank of England considers when forming monetary policy. A continued slowdown in wage growth will confirm the policy direction and allow the Bank of England to make two rate cuts already this year. Germany&#8217;s ZEW economic sentiment index will also be in focus.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia NAB Business Confidence (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 UK Average Earnings Index (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Claimant Count Change (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Unemployment Rate (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 German Consumer Price Index (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 German ZEW Economic Sentiment (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ZEW Economic Sentiment (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Barkin Speaks at 17:15 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Kashkari Speaks at 21:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Wednesday, November 13<\/div>\r\n<div class=\"ag-analytics_title-list\">Investors will focus on the inflation data in the United States on Wednesday. Economists expect the consumer price index to show a 2.4% annualized rate in October, matching September&#8217;s pace. September&#8217;s annualized gain was the smallest in more than three and a half years, reinforcing bets on a Fed rate cut. However, there could be surprises in the form of a slight acceleration in inflation, which could support the US dollar. Investors should also pay attention to the Australian Wage Price Index report. As a rule, the growth of this index is accompanied by the strengthening of the Australian dollar.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 US FOMC Member Harker Speaks at 00:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Barkin Speaks at 00:30 (GMT+2);<\/li>\r\n<li>\u2013 Japan Producer Price Index (m\/m) at 01:50 (GMT+2);<\/li>\r\n<li>\u2013 Australia Wage Price Index (q\/q) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 US Consumer Price Index (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Logan Speaks at 16:45 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Musalem Speaks at 20:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Schmid Speaks at 20:30 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Thursday, November 14<\/div>\r\n<div class=\"ag-analytics_title-list\">Thursday will be a busy day. Traders should analyze the data on the labor market in Australia. A weak report is expected, which may have a negative impact on AUD as it will increase the probability of a rate cut from the RBA. Traders should also pay attention to the US producer inflation data. The annualized rate is expected to rise from 1.8% to 2.2%, which could significantly support the US dollar. Also on Thursday, at the end of the day, 3 heads of central banks will make speeches: US Fed Chairman Powell, ECB President Lagarde, and Bank of England Governor Bailey.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia RBA Gov Bullock Speaks at 01:00 (GMT+2);<\/li>\r\n<li>\u2013 Australia Unemployment Rate (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone GDP (q\/q) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Industrial Production (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Monetary Policy Meeting Accounts at 14:30 (GMT+2);<\/li>\r\n<li>\u2013 US Producer Price Index (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Barkin Speaks at 16:15 (GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Reserves (w\/w) at 18:00 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone ECB President Lagarde Speaks at 21:00 (GMT+2);<\/li>\r\n<li>\u2013 US Fed Chair Powell Speaks at 22:00 (GMT+2);<\/li>\r\n<li>\u2013 UK BOE Gov Bailey Speaks at 23:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Williams Speaks at 23:15 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Friday, November 15<\/div>\r\n<div class=\"ag-analytics_title-list\">On Friday, traders will focus on US retail sales data. It is expected to grow by a modest 0.3%, but it may positively affect the dollar. Data from China will show how much stimulus measures have affected the economy. Considering protracted deflation, weak economic data may increase the likelihood of additional stimulus from Beijing, which may positively affect Asian indices. Also, GDP data for Japan and the UK will be released on Friday.<\/div>\r\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\r\n<ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan GDP (q\/q) at 01:50 (GMT+2);<\/li>\r\n<li>\u2013 China Industrial Production (m\/m) at 04:00 (GMT+2);<\/li>\r\n<li>\u2013 China Retail Sales (m\/m) at 04:00 (GMT+2);<\/li>\r\n<li>\u2013 China Unemployment Rate (m\/m) at 04:00 (GMT+2);<\/li>\r\n<li>\u2013 UK GDP (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 UK Industrial Production (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland Producer Price Index (m\/m) at 09:30 (GMT+2);<\/li>\r\n<li>\u2013 US Retail Sales (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Industrial Production (m\/m) at 16:15 (GMT+2).<\/li>\r\n<\/ul>\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2024.11.11<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\nWe advise you to get acquainted with the daily forecasts for the major currency pairs.\r\n<\/a--> <a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/es\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>\r\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (November 11 \u2013 November 15) In the United States, all eyes will be on consumer and producer inflation data, retail sales, and speeches from Federal Reserve officials as investors look for clues about the Fed&#8217;s monetary policy outlook. The UK will release key indicators, including the unemployment &#8230;<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[189,331,337],"tags":[],"class_list":["post-9837","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/9837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/comments?post=9837"}],"version-history":[{"count":2,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/9837\/revisions"}],"predecessor-version":[{"id":9849,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/9837\/revisions\/9849"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/media?parent=9837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/categories?post=9837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/tags?post=9837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}