{"id":9903,"date":"2024-11-18T06:53:56","date_gmt":"2024-11-18T06:53:56","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=9903"},"modified":"2024-11-18T06:53:58","modified_gmt":"2024-11-18T06:53:58","slug":"weekly-overview-2024-11-18","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pl\/analytics\/weekly-overview-2024-11-18\/","title":{"rendered":"Week’s main events (November 18 \u2013 November 22)"},"content":{"rendered":"\r\n
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Week’s main events (November 18 \u2013 November 22)<\/h1>\r\n
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This week, investors’ main focus will be inflation data in Canada, Japan, the Eurozone, and the United Kingdom. Also, the attention of the trading community is now focused on cryptocurrencies, which received a growth booster after the election of Trump as president. Once a cryptocurrency skeptic, Donald Trump promised to create a national Bitcoin reserve and make the US a global hub for the industry. Still, it’s unclear how feasible his promises are and the timeline. The People’s Bank of China (PBoC) will hold monetary policy meetings where there could be surprises. Investors were disappointed by the lack of bolder initiatives from the National People’s Congress last week.<\/p>\r\n

Monday, November 18<\/div>\r\n
The trading week will start with the speech of the head of the Bank of Japan. Traders will look for clues about BoJ’s plans to raise rates further. Hints on the continuation of policy normalization will contribute to strengthening the Japanese yen. Also, on Monday, it is worth paying attention to the speech of ECB head Lagarde. But most likely be without surprises, hence, low impact on the euro movement.<\/div>\r\n
Main events of the day:<\/div>\r\n