This week's event are important turning points for the markets. Beginning with a light Monday and Tuesday with relatively no major news - ECB President will hold a speech today afternoon, and on Tuesday data will be released from Australia - RBA Meeting Minutes, Great Britain - Inflation Reports and the USA - Existing Home Sales. All three of them are not sharply anticipated by the crowds and so they are not expected to move markets that much.
For Wednesday we'll have the monthly FOMC Minutes where we expect no surprises, i.e. rates will be left unchanged so that they can raise them in December.
Thursday and Friday are also on the low key note with a few but no very important events. The last full week of November will most likely be welcomed by the market participants with no excess anxiety and we could expect smooth sailing without spikes in volatility.
That's good to know, thank you.
ReplyDeleteGood info.
ReplyDeleteThank you for the relevant information.
ReplyDeleteBusy week ahead.
ReplyDeleteThanks for the important information.
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