Last week’s volatility from the US election and interest rate cuts by the Fed and the Bank of England has set the stage for a more measured trading week. Key data releases and statements from prominent central bankers are lined up to guide investor sentiment. Here’s a day-by-day breakdown of the notable events to watch.
Monday, 11 November 2024
- Global Market Conditions: Trading liquidity may be limited due to bank holidays in France, the US, and Canada.
- New Zealand (Asia): Focus on the release of the Quarterly Inflation Expectations data mid-session.
Tuesday, 12 November 2024
- UK (Europe): Release of critical employment figures.
- Germany (Europe): Publication of ZEW Economic Sentiment data.
- US (New York): Speeches by Fed officials Waller, Barkin, Harker, and Kashkari, though no major data releases are scheduled.
Wednesday, 13 November 2024
- Australia (Asia): Release of Wage Price Index figures, drawing attention in early trading.
- US (New York): Anticipated release of US CPI data shortly after the market opens.
- Fed Statements (US): Comments from Fed members Logan, Musalem, and Schmid later in the day.
Thursday, 14 November 2024
- Australia (Asia): Reserve Bank’s Michele Bullock speaks at ASIC’s forum, followed by employment data release.
- US (New York): Key economic indicators released, including PPI, weekly unemployment claims, and Oil Inventory data.
- Central Bank Leaders: Fed Chair Jerome Powell, Bank of England’s Andrew Bailey, and ECB President Christine Lagarde are scheduled to speak.
Friday, 15 November 2024
- China (Asia): Release of Industrial Production and Retail Sales figures mid-session.
- UK (Europe): Early release of GDP data.
- US (New York): Retail Sales data and the Empire State Manufacturing Index to kick off the session.
Categories: Market News
