Hello, and welcome to our latest economic report! From the looks of it, November is poised to exit the 2018 market scene just as energetically as it had made its entrance, promising to bring yet another batch of important (and therefore exciting) economic events for all of us to keep tabs on.
In a nutshell, the hottest events for the 26-30 November interval shape up to be:
On Wednesday, the US Federal Reserve hiked the interest rates by a quarter point to 2.25%, a fund target rate not reached since the 2008 economic crisis.
But while we cautiously keep an eye on credit card rates, house prices, and our retirement savings, it’s also worth checking out next week’s potential market shifters, of which there are many: Manufacturing PMI (GBP), Unemployment Rate (USD), RBA Rate Statement (AUD) and more.