In the last full trading week of the year we will have BOE and BOJ meetings, Fed’s preferred inflation measure PCE, employment data from UK and Australia, Q3 GDP from New Zealand as well as preliminary PMI numbers from EU.
Fed’s, ECB’s and SNB’s interest rate decisions along with the General Election in UK will be the main movers of the week with the first results of the election being published on Friday morning volatility on all GBP pairs will be increased.
After Thanksgiving holiday markets are back in full swing and we will have rate decisions from RBA and BOC as well as Q3 GDP data from Australia and then on Friday NFP and Canadian employment report.
Please note that liquidity will be thin on Thursday and Friday due to the US Thanksgiving holiday, Q3 GDP data from US, Canada and Switzerland along with inflation data from US and EU and consumption data from New Zealand will mark this week.
FOMC minutes, preliminary PMI data from Europe and Japan as well as Canadian inflation and consumption data will mark the weak ahead of us.
RBNZ interest rate decision, preliminary Q3 GDP readings from UK and Japan, second Q3 GDP reading from Europe, consumption data from US and Australian employment data keep the week stacked with news events.
RBA meeting, BOE meeting, trade data and final October PMI numbers will be on the docket this week.
BOJ and BOC meetings, preliminary Q3 GDP readings from US and EU, NFP and Q3 CPI from Australia make the line-up for this jam-packed week headlined by Fed’s interest rate decision.
ECB interest rate decision and preliminary PMIs along with durable goods from US will be the highlights of the low volume week in terms of the economic data.
The strength of the US consumer, employment data from UK and Australia, slew of economic data from China headlined by Q3 GDP and European Council summit will be the highlights of the week.