A plethora of market indicators that will influence the market are scheduled for this week. In the Euro area, the CPI and GDP will be closely monitored, while in the U.K. CPI, GDP and employment report will be released. The U.S. CPI is also coming out.
Today is Remembrance Day in Canada, thus low volatility is expected to the Canadian dollar. In the European afternoon, the Bank of Japan Governor Haruhiko Kuroda will give a speech that will be monitored by traders. In the U.S., the monthly budget statement for October is expected to show a deficit of $50B against a surplus of $8B the prior month.
Tomorrow morning, the German GDP and CPI figures for the third quarter and October respectively will be released, while later in the day attention will be paid to the U.K. CPI. Consumer prices are predicted to have risen by 3.1% in October from 3.0% in September, year-over-year. The retail price index and the PPI also for October will be published as well. At 10:00 GMT, the ZEW survey for the German economic sentiment and the current situation in November as well as for Eurozone’s economic sentiment will be eyed.
Read the full financial markets weekly outlook on JFD Research.