This week, there are several important economic events to keep an eye on. On Monday, the G20 meeting in Brazil will set the tone for the week.
On Tuesday, the Reserve Bank of Australia (RBA) will release its minutes from the November meeting. While no rate hike or cut is expected, the RBA’s commentary will be closely watched for any hints of future policy changes. Additionally, Canadian CPI data for October will be released.
Wednesday will see the release of UK CPI data for October and German Producer Price Index (PPI) data for the same month.
Thursday is packed with economic announcements, including policy announcements from the Central Bank of the Republic of Turkey (CBRT) and the South African Reserve Bank (SARB). In addition, Japanese CPI data for October and UK Public Sector Net Borrowing (PSNB) data for October will be released. US Initial Jobless Claims, Philadelphia Fed data, Existing Home Sales, and Eurozone Consumer Confidence Flash data for November will also be published.
Finally, on Friday, UK Retail Sales data for October will be released, along with Flash PMI data for the UK, Eurozone, and the US. Canadian Retail Sales data for September and the University of Michigan’s Final Consumer Sentiment Index for November will also be released.
Overall, these economic events will provide key insights into the state of various economies around the world and may impact financial markets. It will be important to closely monitor the data and any accompanying commentary for potential implications on future policy decisions and market movements.
