{"id":9930,"date":"2024-11-25T07:15:20","date_gmt":"2024-11-25T07:15:20","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=9930"},"modified":"2024-11-25T07:15:21","modified_gmt":"2024-11-25T07:15:21","slug":"weekly-overview-2024-11-25","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/ro\/analytics\/weekly-overview-2024-11-25\/","title":{"rendered":"Week&#8217;s main events (November 25 \u2013 November 29)"},"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 25 \u2013 November 29)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n<p class=\"ag-analytics_text\">The Reserve Bank of New Zealand will meet on Wednesday, where the official money rate is expected to be cut by 0.5%. The shortened holiday week in the US will center on FOMC meeting minutes, PCE inflation data, personal income and spending, and the second estimate of third-quarter US GDP. Investors will also get an update on the health of the US consumer and retail sector this week as Black Friday marks the start of the holiday shopping season. In addition, Eurozone inflation data will be released this week, which is expected to show that price pressures will slightly intensify in November.<\/p>\r\n<div class=\"ag-analytics_title\">Monday, November 25<\/div>\r\n<div class=\"ag-analytics_title-list\">Usually, Monday is an ordinary trading day with low volatility. Still, this week may start very actively as the end of the week will be under low volatility due to the Thanksgiving holiday in the US and Black Friday. On Monday, it&#8217;s worth paying attention to Singapore&#8217;s inflation data, where inflation is expected to fall from 2.0% to 1.7% y\/y. As a rule, a decrease in inflationary pressure has a negative impact on the national currency. Also, on Monday, Germany will publish data on business activity. Weak data may put additional pressure on the euro.<\/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 Singapore Consumer Price Index (m\/m) at 07:00 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland Unemployment Level (m\/m) at 09:30 (GMT+2);<\/li>\r\n<li>\u2013 German Ifo Business Climate (m\/m) at 11:00 (GMT+2);<\/li>\r\n<li>\u2013 New Zealand Retail Sales (q\/q) at 23:45 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Tuesday, November 26<\/div>\r\n<div class=\"ag-analytics_title-list\">Key economic data will be released in the US session on Tuesday. The US CB consumer confidence report is often worth paying attention to. The index&#8217;s expected growth may provide additional fuel for the dollar&#8217;s growth.<\/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 Building Permits (m\/m) at 15:00 (GMT+2);<\/li>\r\n<li>\u2013 US CB Consumer Confidence (m\/m) at 17:00 (GMT+2);<\/li>\r\n<li>\u2013 US New Home Sales (m\/m) at 17:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Wednesday, November 27<\/div>\r\n<div class=\"ag-analytics_title-list\">Due to Thursday being a bank holiday in the US (Thanksgiving Day), all of Thursday&#8217;s events have been moved to Wednesday, so it will be very busy. Australia&#8217;s inflation report will be released in the Asian session. It is expected to rise from 2.1% to 2.5% YoY, pushing back the start of rate cuts from the RBA to next year. This is a positive factor for AUD. Next, the central bank will hold a monetary policy meeting in New Zealand, where a 0.5% rate cut is expected. This is a negative factor for the NZD. Next in the US will be PCE inflation reports (the US Fed&#8217;s favorite inflation indicator), Q3 GDP data, weekly labor market data, and durable goods orders data. Strong volatility is expected on USD pairs and US indices. Strong data is expected, which may support the US dollar.<\/div>\r\n<div class=\"ag-analytics_title-list\">Next, reports on crude oil and natural gas inventories will be released, which strongly influences the pricing of these commodities. Oil prices (WTI) rose 5% last week, while natural gas prices (XNG) hit a one-year high. Toward the end of the US session, traders will expect a bonus in the form of the publication of the last FOMC minutes. Pricing in the Fed funds futures market is consistent with just under a 60% probability of a quarter-point rate cut on December 18, down from about 80% in the pre-election period. The FOMC meeting minutes will be useful in assessing where the bar is in the data-dependent mode.<\/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 Consumer Price Index (m\/m) at 02:30 (GMT+2);<\/li>\r\n<li>\u2013 New Zealand RBNZ Interest Rate Decision at 03:00 (GMT+2);<\/li>\r\n<li>\u2013 New Zealand RBNZ Monetary Policy Statement at 03:00 (GMT+2);<\/li>\r\n<li>\u2013 RBNZ Press Conference at 04:00 (GMT+2);<\/li>\r\n<li>\u2013 German GfK German Consumer Climate (m\/m) at 11:30 (GMT+2);<\/li>\r\n<li>\u2013 US PCE Price index (m\/m) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US GDP (q\/q) at 15:30 (GMT+2);<\/li>\r\n<li>\u2013 US Durable Goods Orders (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 Chicago PMI (m\/m) at 16:45 (GMT+2);<\/li>\r\n<li>\u2013 US Pending Home Sales (m\/m) at 17:00 (GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Reserves (w\/w) at 17:30 (GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Storage (w\/w) at 19:00 (GMT+2);<\/li>\r\n<li>\u2013 US FOMC Meeting Minutes at 21:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Thursday, November 28<\/div>\r\n<div class=\"ag-analytics_title-list\">Weak volatility is expected on Thursday. Among the important events, it is worth highlighting only the data on inflation in Germany. The decrease in inflationary pressure will contribute to the weakening of the euro. It\u2019s a bank holiday in the United States.<\/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 10:55 (GMT+2);<\/li>\r\n<li>\u2013 German Consumer Price Index (m\/m) at 15:00 (GMT+2).<\/li>\r\n<\/ul>\r\n<div class=\"ag-analytics_title\">Friday, November 29<\/div>\r\n<div class=\"ag-analytics_title-list\">Friday is Black Friday. The financial market in the US will have an early closing, so volatility should be expected only in the Asian and European sessions. The Asian session will include reports from Japan on retail sales and labor market. At the European session in the Eurozone inflation report will be published. The core rate is expected to rise from 2.0% to 2.3% y\/y, which may temporarily support the euro.<\/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 Unemployment Rate (m\/m) at 01:30 (GMT+2);<\/li>\r\n<li>\u2013 Japan Retail Sales (m\/m) at 01:50 (GMT+2);<\/li>\r\n<li>\u2013 German Retail Sales (m\/m) at 09:00 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland GDP (q\/q) at 10:00 (GMT+2);<\/li>\r\n<li>\u2013 Switzerland KOF Leading Indicators (m\/m) at 10:00 (GMT+2);<\/li>\r\n<li>\u2013 German Unemployment Rate (m\/m) at 10:55 (GMT+2);<\/li>\r\n<li>\u2013 Eurozone Consumer Price Index (m\/m) at 12:00 (GMT+2);<\/li>\r\n<li>\u2013 Canada GDP (q\/q) at 15:30 (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\">2024.11.25<\/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\/ro\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>\r\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (November 25 \u2013 November 29) The Reserve Bank of New Zealand will meet on Wednesday, where the official money rate is expected to be cut by 0.5%. The shortened holiday week in the US will center on FOMC meeting minutes, PCE inflation data, personal income and spending, &#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":[238,333,336],"tags":[],"class_list":["post-9930","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\/ro\/wp-json\/wp\/v2\/posts\/9930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/comments?post=9930"}],"version-history":[{"count":2,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts\/9930\/revisions"}],"predecessor-version":[{"id":9942,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts\/9930\/revisions\/9942"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/media?parent=9930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/categories?post=9930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/tags?post=9930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}