Weekly performance: Key takeaways: Economic calendar. The Royal Bank of Australia is expected to announce its interest rate decision, which is expected to remain at 0.10%. The UK’s Halifax House Price Index and German ZEW Economic Sentiment will be released on Tuesday. All eyes will undoubtedly be on the US’ CPI data for the month of November. A higher-than-expected reading would spike volatility while inflation coming lower could favour the positive gamma. Unit labour costs, trade balance and nonfarm productivity will also be published. Japanese GDP growth and Chinese trade balance data may drive the direction of Asian markets. In Europe, Lagarde is expected to give a press conference on Wednesday. US Crude Oil Inventories may lead the black gold to rebound after its devastating month.
#11 Weekly market update (28/11/2021 - 03/12/2021)
#11 Weekly market update (28/11/2021 …
#11 Weekly market update (28/11/2021 - 03/12/2021)
Weekly performance: Key takeaways: Economic calendar. The Royal Bank of Australia is expected to announce its interest rate decision, which is expected to remain at 0.10%. The UK’s Halifax House Price Index and German ZEW Economic Sentiment will be released on Tuesday. All eyes will undoubtedly be on the US’ CPI data for the month of November. A higher-than-expected reading would spike volatility while inflation coming lower could favour the positive gamma. Unit labour costs, trade balance and nonfarm productivity will also be published. Japanese GDP growth and Chinese trade balance data may drive the direction of Asian markets. In Europe, Lagarde is expected to give a press conference on Wednesday. US Crude Oil Inventories may lead the black gold to rebound after its devastating month.