The Christmas holidays being just around the corner, yet the recent arrest of the daughter of the CEO of Huawei and the significant setback of some major indices have left the markets in a rather sour mood. That said, there are still many events that every investor should definitely not miss out on, starting with:
NAB Business Confidence (AUD);
FED Chair Powell Testifies (USD);
SNB Press Conference (CHF).
Ready to view the full list of events? Let’s dive right in.
Hello, and welcome to our latest trading news release! Despite the year nearing its end, just a short glance at the list of upcoming events will convince anyone that the markets are not showing signs of slowing down anytime soon.
Here are some of the highlights for December 03-07 that we think will hold your attention hostage:
Next week, the star of the perpetual motion picture that is the global markets is, no doubt, the Bank of Canada. On Wednesday, the Bank is expected to hold a press conference meeting, as well as disclose a fair chunk of market-shifting information, such as:
– Main and overnight rate statements
– Detailed monetary policy report
Find out what else is hot on the economic radar in our detailed briefing of next week’s events below.
After a promising report from the week before it seems like we are about to face yet another dry spell on the economic front. Among the most notable events for next week are a GDP m/m report from Canada, a Crude Oil Inventories statement from the USA, and an ANZ Business Confidence.
Last Thursday, the Trump administration introduced a list of 10 percent tariffs on $200 billion in Chinese goods. It was also last Thursday, however, when Fed’s Powell gave a reassuring interview, stating that the US economy is still standing tall despite the inhospitable political climate. Here is what he had to say on the matter.
If you are itching to put your trading skills to good use, you will be happy to learn next week’s events will be in no short supply. Upcoming are a detailed rate statement from the Bank of Canada, a speech by gov. Carney, a m/m CPI report from the US and a m/m GDP report from the UK, and much more.