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:
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.
Gazing into our crystal ball of global economics we see that the next week will bring us events like the NAB Business Confidence (AUD), ECB Monetary Policy Meeting Accounts (EUR), and Trade Balance (CNY).
Update your trading strategies accordingly—check out the full report for a detailed list of all market-shifting events for the upcoming week.
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.
Next week, we expect a shower of market-shifting economic events. Some examples include a Retail Sales m/m report (AUD), Manufacturing PMI report (GBP), and a Trade Balance statement (CAD). Please find the full list of events below.
The upcoming World Cup final between France and Croatia has everyone biting their toes. Still, traders and investors are advised to keep tabs on the market as next week promises a GDP q/y report from China, a m/m sales report from the UK, a Monetary Policy Meeting Minutes event from Australia, and more.