The November 9–13 trading week brings several important economic releases that could influence currency movements, precious metals and broader financial markets. Attention will center on US inflation figures, China’s consumer and producer prices, Britain’s preliminary third-quarter GDP, and the Eurozone’s economic growth and employment data. These releases arrive as investors reassess the Federal Reserve’s next policy steps following recent employment and inflation developments, while the Bank of England’s latest rate increase keeps attention on Britain’s inflation outlook. Central bank officials’ speeches will also be important, particularly for clues about future interest-rate decisions. Meanwhile, developments in global trade, manufacturing, consumer demand and energy markets could influence the Australian, Canadian and New Zealand dollars. With several major releases concentrated toward the middle and end of the week, markets may experience changing expectations as fresh evidence emerges about economic resilience and the direction of monetary policy.
📅 Monday, 9 November 2026
- Australia – Westpac Consumer Confidence: November’s reading will provide an early indication of household sentiment and spending intentions. Weak confidence could suggest that higher borrowing costs and living expenses are weighing on consumers, potentially limiting support for the Australian dollar.
- China – CPI and PPI: October inflation figures will be closely watched for evidence of improving domestic demand and changing production costs. Consumer inflation is forecast at 0.8%, compared with 0.9% previously, while producer prices will offer insight into industrial demand and commodity pressures. Weaker figures could raise concerns about China’s economic recovery.
- Germany – Trade Balance: September’s figures will provide an update on export performance and external demand, particularly as manufacturing conditions remain an important consideration for the Eurozone.
- Eurozone – Sentix Investor Confidence: November’s reading will indicate whether investors are becoming more optimistic about regional economic conditions. The Eurogroup meeting will also attract attention as finance officials discuss fiscal priorities and economic challenges.
- Japan – Current Account and BoJ Summary of Opinions: These releases will offer insight into Japan’s external financial position and policymakers’ views on inflation, economic growth and future interest-rate adjustments.
- United Kingdom – BoE Governor Andrew Bailey Speaks: Investors will look for further clarification following the Bank of England’s latest rate increase. His comments could influence expectations surrounding additional tightening.
- United States – Fed Officials Goolsbee and Barkin Speak: Their remarks may provide clues about the Federal Reserve’s response to inflation and employment conditions. Wholesale trade sales will also offer information about business inventories and demand.
📅 Tuesday, 10 November 2026
- China – Imports, Exports and Trade Balance: October trade figures will help determine whether external demand continues to support China’s economy. Stronger exports could reinforce expectations of resilient manufacturing activity, while weaker imports may highlight persistent softness in domestic consumption. The trade surplus will also provide a broader indication of the country’s economic momentum.
- United States – Consumer Price Index: October inflation will be the week’s most closely watched release. Headline CPI is expected to increase by 0.3% month-on-month, slowing from September’s 0.6%, while core CPI is forecast to rise by 0.2%, compared with 0.3% previously. A stronger reading could revive concerns that inflation remains difficult to control and strengthen expectations of further Federal Reserve tightening. Conversely, softer figures could ease pressure on interest rates and weigh on the dollar. The absence of comparable year-on-year figures makes the monthly readings particularly important.
- United States – NFIB Small Business Optimism: October’s survey will provide insight into business confidence, hiring intentions, investment plans and concerns about operating costs. A stronger reading could indicate continued economic resilience.
- United Kingdom – BRC Like-for-Like Retail Sales: October’s figures will offer an early indication of consumer spending and retail conditions ahead of the official growth report.
- United States – Federal Reserve Governor Christopher Waller Speaks: His remarks will be important for understanding how policymakers assess inflation and the recent strength of employment.
- United States – Additional Fed Commentary: Officials Schmid and Paulson are also scheduled to speak, potentially adding further insight into the central bank’s policy outlook.
- Canada – Bank of Canada Summary of Deliberations: The published account of the latest policy discussions could reveal differences in policymakers’ assessments of inflation, economic growth and future interest-rate decisions.
📅 Wednesday, 11 November 2026
- Germany – Final Harmonised Consumer Price Index: October’s final inflation figures will be important for assessing whether price pressures across Europe’s largest economy are developing in line with earlier estimates. The preliminary figures indicated a monthly decline of 0.1% and annual inflation of 2.8%. Significant revisions could influence expectations surrounding the European Central Bank’s policy direction and create movement in the euro.
- Germany – Final Consumer Price Index: The accompanying national inflation figures will provide additional information about household price pressures, particularly in services, energy and everyday consumer goods. Investors will assess whether domestic inflation remains persistent enough to complicate the ECB’s efforts to maintain price stability.
- United States – Veterans Day: US banks and bond markets will be closed for the federal holiday, although the stock market is expected to operate normally. Reduced activity in the bond market could affect liquidity and make currency movements more sensitive to developments elsewhere.
- Global Markets – Central Bank Policy Expectations: With the US inflation report already released and British growth figures approaching, investors may spend Wednesday reassessing the week’s developing economic picture. Attention will remain on government bond yields, the dollar and expectations for the next Federal Reserve decision.
- European Markets – Inflation Assessment: Germany’s inflation results could influence broader expectations for Eurozone prices ahead of Friday’s regional GDP and employment releases. Investors will also consider whether differences in national economic performance are creating additional challenges for the ECB.
📅 Thursday, 12 November 2026
- United Kingdom – Preliminary Third-Quarter GDP: Britain’s economic growth figures will be among the week’s major releases. The previous quarterly expansion was 0.5%, and investors will examine whether economic activity maintained its momentum during the third quarter. Stronger growth could reinforce confidence in the British economy and support sterling, while disappointing figures could raise concerns about the impact of borrowing costs on domestic demand.
- United Kingdom – Monthly GDP: September’s monthly economic performance will provide a more detailed picture of activity toward the end of the quarter. A weak reading could suggest that growth is losing momentum, even if the broader quarterly figures remain positive.
- United Kingdom – Industrial and Manufacturing Production: September’s production figures will help assess the condition of Britain’s industrial sector. Stronger output could indicate improving business activity, while weaker manufacturing performance may highlight continuing pressure from costs and subdued external demand.
- United States – Initial Jobless Claims: Weekly unemployment claims are expected to increase to approximately 195,000 from 189,000. The figures will provide an updated assessment of labor-market conditions following the latest employment report. A substantial increase could indicate emerging weakness, while another low reading may reinforce the view that employment remains resilient.
- United States – Existing Home Sales: October’s figures are expected to show approximately 3.9 million annualized sales, compared with 4.0 million previously. Housing activity remains sensitive to mortgage costs and borrowing conditions, making this release useful for assessing household demand.
- Australia – Consumer Inflation Expectations: November’s reading will provide insight into how households perceive future price increases, an important consideration for the Reserve Bank of Australia’s policy outlook.
- United States – Federal Reserve Officials Speak: Hammack, Goolsbee, Daly and Williams are scheduled to deliver remarks or participate in discussions. Their comments could provide further clarification on the central bank’s assessment of inflation and employment.
- United States – Crude Oil Inventories: The weekly petroleum inventory report will attract attention from energy markets, with changes in domestic stockpiles potentially influencing oil prices and commodity-linked currencies.
📅Friday, 13 November 2026
- Eurozone – Third-Quarter GDP: The second estimate of regional economic growth will be closely monitored for confirmation of the preliminary figures. Investors will assess whether the Eurozone maintained modest expansion despite persistent economic challenges, uneven consumer demand and differences in manufacturing performance across member countries. A stronger revision could improve confidence in the regional outlook and support the euro, while weaker growth could revive concerns about economic stagnation.
- Eurozone – Employment Change: Third-quarter employment figures will provide additional evidence about the health of the labor market. Strong employment growth could suggest that businesses remain confident despite economic uncertainty, while weaker hiring may point to increasing pressure on households and consumer spending.
- United States – Producer Price Index: October’s PPI is forecast to increase by 0.4% month-on-month, following September’s substantial 1.3% rise. Core PPI is expected to advance by 0.3%, compared with 0.7% previously. The figures will help investors determine whether production costs are moderating and whether inflationary pressure is easing further along the supply chain. Stronger-than-expected results could support the dollar by strengthening expectations of tighter monetary policy, while softer figures may have the opposite effect.
- Canada – Manufacturing Sales: September’s manufacturing sales will provide an update on industrial demand and business activity. The previous reading increased by 1.5%, while the latest forecast points to a more modest 0.1% gain. A weaker result could put pressure on the Canadian dollar, particularly if energy prices also decline.
- Canada – Wholesale Sales: September’s figures will offer another perspective on domestic trade, distribution activity and business demand.
- Germany – Wholesale Price Index: October’s figures will help assess changes in prices at the wholesale level and provide additional insight into inflationary conditions.
- France – Final Consumer Price Index: The updated October inflation figures will help determine whether price pressures are developing in line with earlier estimates.
- Switzerland – Producer and Import Prices: October’s figures will provide an indication of external price pressures and domestic production costs, potentially influencing expectations surrounding Swiss National Bank policy.
- Italy – Trade Balance: September’s results will offer additional insight into export performance and the country’s contribution to broader European economic activity.
- United States – Federal Reserve Officials Speak: Daly and Jefferson are scheduled to deliver remarks, keeping attention on the Federal Reserve’s assessment of inflation, employment and the appropriate direction of monetary policy.
Key events to watch this week
| Currency | Most important scheduled releases |
|---|---|
| USD | CPI, PPI, jobless claims, existing home sales, Fed speeches |
| EUR | German inflation, Eurozone GDP, employment |
| GBP | Bailey speech, quarterly and monthly GDP, industrial production |
| JPY | Current account, BoJ Summary of Opinions |
| CNY | CPI, PPI, imports, exports, trade balance |
| AUD | Consumer confidence, inflation expectations |
| CAD | Manufacturing sales, wholesale sales, BoC deliberations |
| CHF | Producer and import prices |
Categories: Market News
